Suntec prints rare S-Reit convertible

The Singapore property manager raises S$300 million from the first convertible from an Asia ex-Japan Reit in nearly three and a half years.

Danny Leung

August 12, 2016

The real estate sector's moment in the sun continued late on Thursday, as Suntec Real Estate Investment Trust attracted decent demand for its S$300 million ($223 million) convertible bond sale, despite aggressive pricing.

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