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CBRE seeks to raise $550 mln to repay debt

Posted on 11 June 2009

From Propertyeu.info: The world’s largest property adviser CB Richard Ellis announced on Wednesday plans to sell $400 mln (EUR 286 mln) of 10-year notes and $150 mln of shares to pay down its short-term debt.

The senior subordinated notes mature in 2017 and will be sold in a private placement, the US-listed company said in a press release……..Full Article: Source


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