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aiTrust's private placement raises S$150m

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Vivienne Tay

Vivienne Tay

Published Wed, Nov 20, 2019 · 09:50 PM

Singapore

ASCENDAS India Trust (a-iTrust) has raised S$150 million from a private placement that was upsized following strong demand from investors. The placement was 4.1 times subscribed.

The issue was priced at S$1.508 apiece, at the top end of the S$1.465 to S$1.508 indicative range announced on Tuesday.

ascendas india trust

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