At $2.18, it was at a discount of 2.9% to the adjusted VWAP of S$2.2446 per unit. The new units will be listed on Feb 5.
Frasers Centrepoint Trust's private placement to help fund the acquisition of an additional stake in Nex has been 2.5 times subscribed.
FCT sold units at $2.18 each to both new and existing investors, raising gross proceeds of around $200 million.
