CMA: Bonds in the retail tranche also oversubscribed, full $220m taken. The public offer tranche of initial $100m was oversubscribed by 4.65x. The earlier placement tranche of $100m was oversubscribed by more than 2x and saw $180m placed out, with the debt offering upsized from $200m to $400m. The bonds are expected to be listed and traded on SGX from 13 Jan 2012 under the counter, CapMallA3.8%b220112.
CMA is trading at 0.8x fwd P/B.
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