FinanceAsia.com
4th Feb 2008
CapitaLand returned to the market last Thursday with another convertible bond, raising S$1.3 billion ($920 million) for debt repayments and new investments. The move surprised most market participants since both the equity and credit markets remain jittery and most other companies are choosing to hold off on new issues for the time being – unless they are in desperate need of cash. >>>> More
