Champion REIT makes $980 million offering

05/28/2008 | FinanceAsia.com (Hong Kong)

Champion Real Estate Investment Trust was seeking to raise $980 million in the market Tuesday night. Proceeds will be used to partially pay for its $1.6 billion acquisition of Langham Place that was announced more than three months ago. The offering includes a $600 million convertible bond and a $380 million equity placement.

View Full Article in:

FinanceAsia.com (Hong Kong)

Published in Brief: