CPA completes buyback and first new issue since 2006 [UPDATED]
- Thursday, 03 March 2011
On March 3, Commonwealth Property Office Fund (CPA) (A-/A3) completed a partial buyback of its June 2011 maturity and simultaneous new A$200 million (US$203.1 million) five-year fixed rate issue. The buyback reduces the original volume of A$140 million on issue in the fixed rate tranche by A$107.5 million, and the A$60 million of floating rate paper by A$50.5 million.
