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Mapletree Industrial Trust's private placement over-subscribed, to raise total of $410 mil

Felicia Tan
Felicia Tan • 2 min read
Mapletree Industrial Trust's private placement over-subscribed, to raise total of $410 mil
The issue price has also been fixed at $2.800 per new unit, the top end of the issue price range. The upsize option was also exercised in full.
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SINGAPORE (June 24): The manager of Mapletree Industrial Trust (MINT) says that its proposed private placement on Tuesday (June 23) was over-subscribed.


It has closed the books of orders for the private placement together with its joint bookrunners and underwriters, Citigroup Global Markets Singapore, DBS Bank, and The Hongkong and Shanghai Banking Corporation Limited (HSBC).

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