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private placement
REITs
Ascendas REIT's private placement closes at $2.94 per unit, 2.6 times covered
The price represents a 5.2% discount to VWAP as at May 4.
May 05, 2021
REITs
Ascendas REIT to raise $420 mil through private placement
The proceeds will be used to partly fund the Galaxis acquisition and reduce the REIT's aggregate leverage.
May 04, 2021
REITs
Cromwell European REIT to raise €90 mil through private placement
The issue price equates to a FY2020 yield of 7.74% to 8.10% based on the REIT’s FY2020 DPU of 3.484 Euro cents.
February 24, 2021
REITs
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.
February 19, 2021
REITs
Keppel REIT seeks to raise $270.0 mil through proposed private placement of up to 242.8 mil new units
The manager says it intends to declare an advanced distribution for the existing units before the new units are being issued.
February 18, 2021
REITs
ARA Logos Logistics Trust to raise $50 mil through private placement of 90.5 mil new units
The number of new units represents an increase of some 8.3% of the total number of units currently in issue.
November 02, 2020
REITs
Mapletree Logistics Trust's private placement to raise $644.1 mil; issue price fixed at $2.027 per new unit
The private placement was approximately 5.5 times covered including the upsize option.
October 21, 2020
REITs
Frasers Centrepoint Trust raises $575 mil in private placement following announcement
The private placement issue price of $2.35 represents a discount of 4.9% to the adjusted VWAP of $2.472 per unit.
September 29, 2020
REITs
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.
June 24, 2020
REITs
Mapletree Industrial Trust launches private placement to raise $350 mil to fund acquisition of data centres
Following the announcement of its acquisition, the manager of Mapletree Industrial Trust (MINT) stated that it has launched a proposed private placement of 128.1 new units at an issue price of between $2.732 and $2.800 per new unit.
June 23, 2020