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Eagle Hospitality Trust prices IPO at US$0.78, below indications

Issuer projects annualised yield of 8.2% for forecast period from May 1, 2019 to Dec 31, 2019

Singapore

EAGLE Hospitality Trust (EHT) has priced its initial public offering (IPO) at US$0.78 per stapled security, below the indicated range of US$0.80 to US$0.81.

A total of 580.6 million stapled securities are being offered, comprising an international placement of 535.7...

sentifi.com

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