Capitaland's Australand Agrees to A$1.3 Billion Unsecured Loans

San Francisco Chronicle, 15 Jul 2010
July 15 (Bloomberg) -- Australand Property Group, the Australian unit of Singapore's CapitaLand Ltd., agreed to A$1.3 billion ($1.1 billion) in unsecured syndicated bank loans, replacing A$1.15 billion of secured debt.
The new facility includes a A$325 million loan due in June 2012, a A$650 million loan maturing in June 2013 and a A$325 million loan due in June 2014, Australand said in a statement to the Australian stock exchange today. Full Story

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