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MLT placement oversubscribed; preferential offering's issue price set at S$1.99

Both components have been priced at the top ends of their indicative ranges

Vivienne Tay

Published Wed, Oct 21, 2020 · 09:50 PM

Singapore

BOTH components of Mapletree Logistics Trust's equity fund-raising to finance its Asia acquisition spree have been priced at the top ends of their indicative ranges.

MLT's manager on Wednesday said the private placement was about 5.5 times covered, with the issue price fixed at S$2.027 per new unit.

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Logistics

private placement

Fundraising

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Companies & Markets

Companies & Markets

MLT placement oversubscribed; preferential offering's issue price set at S$1.99

Vivienne Tay

KEYWORDS IN THIS ARTICLE

Companies & Markets

CDL Hospitality Trusts reports 6.8% higher Q1 net property income of S$34.9 million

Starhill Global Reit posts 0.9% lower Q3 net property income of S$37.7 million

Binance and CZ’s fortunes are set to grow, jail or no jail

Stocks to watch: Wilmar, MLT, FEHT, CDLHT, Starhill Global Reit, IReit Global

Samsung says Q1 operating profits soar nearly tenfold on-year

Far East Hospitality Trust Q1 net property income rises 6% to S$25.1 million

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