CIT's S$100m 4-year bonds sold at 3.50%
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CAMBRIDGE Industrial Trust (CIT) yesterday sold S$100 million four-year senior unsecured bonds, the Royal Bank of Scotland said.
Orders were in excess of S$165 million, allowing the company to price them at 3.50 per cent from the initial price guidance of 3.75 per cent, said RBS, the sole lead manager and bookrunner.
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