| 01.12.2011 - Singapore's GLP prices S$500 mln perpetuals at 5.5 pct |
| Singapore-listed warehouse operator Global Logistic Properties Ltd,whose biggest shareholder is Singapore sovereign wealth fund GIC, on Wednesday priced its S$500 million ($385 million) perpetual capital securities to yield 5.5 percent, according to a note seen by Reuters. The company started book-building for the Singapore dollar-denominated perpetuals on Tuesday with guidance that they will be priced at "mid-to-high 5 percent"..............................................Full Article: Source |