Spain's Urbas Guadahermosa plans to issue EUR 150 mln of convertible bonds to improve the company's financial position. The first part of the operation involving EUR 45 mln in bonds is to be completed before 31 October. These bonds will be converted into shares within four to six months, the company said.
Westland Shopping Centre in the Brussels neighbourhood of Anderlecht may be up for sale, according to Belgian media reports.
