Capital Shopping tops up its war-chest

Capital Shopping Centres (CSC) is to tap the bond market to refinance its short-term borrowings and top up its war-chest.

Capital Shopping Centres (CSC) is to tap the bond market to refinance its short-term borrowings and top up its war-chest.

The group is offering £300m of senior unsecured convertible bonds due 2018, although, depending on demand, the size of the issue may increase to £350m.

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