The manager of CapitaLand Integrated Commercial Trust has announced that the private placement launched on Dec 7 has closed, with the issue price fixed at $1.960 per new unit.

The figure lies on the higher end of the price range between $1.930 and $1.981 announced yesterday. It also represents a discount of approximately 2.37% to the adjusted volume weighted average price of $2.0076 per unit as of Dec 6.

See: CICT launches private placement to raise $200 mil

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