Sunday, June 24, 2007

Stockland increases, prices US$450 mln bond issue

(Reuters) - The offer, Stockland's third visit to the U.S. traditional
private placement market, was almost twice oversubscribed at
the final prices and increased from an initially announced
US$300 million, the market source said.




Typical buyers of private placements are U.S. insurance
companies keen on long-dated paper to match their assets.


Read more at Reuters.com Bonds News

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