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Keppel REIT proposed private placement 4.6 times covered, fixed issue price at $1.13

Felicia Tan
Felicia Tan • 1 min read
Keppel REIT proposed private placement 4.6 times covered, fixed issue price at $1.13
The trading of the new units are expected to begin at 9am on March 1.
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The manager of Keppel REIT has closed the book of orders for the proposed private placement on Feb 18.

The private placement was about 4.6 times covered and saw “strong participation from new and existing institutional, accredited and other investors”.

TAGS
Keppel REIT (KREIT)
private placement units
private placement

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