Brief: IREIT Global Proposes Equity Fund Raising For Gross Proceeds Of About S$126.7 Mln
22/06/2021 12:13
June 22 (Reuters) - IREIT Global IREI.SI :
* IREIT GLOBAL PROPOSES EQUITY FUND RAISING COMPRISING
OFFERING OF
NEW UNITS IN CO TO RAISE GROSS PROCEEDS OF ABOUT S$126.7 MILLION
* ISSUE PRICE FOR PLACEMENT S$0.6155 FOR EACH NEW UNIT
* TO USE PART OF NET PROCEEDS TO PARTIALLY FUND ACQUISITION
COST
OF PORTFOLIO OF 27 RETAIL PROPERTIES IN FRANCE
* BOND CAPITAL WILL SUBSCRIBE FOR ABOUT S$7.0 MILLION WORTH
OF NEW
UNITS AT ISSUE PRICE OF S$0.6155 PER UNIT
Source text for Eikon: ID:nSN6ZhpHT
Further company coverage: IREI.SI
(Reuters.Briefs@thomsonreuters.com)
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