ESR-Reit raises S$100m from upsized private placement at lower end of price range
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Fiona Lam
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Singapore
ESR-REIT will issue about 194.2 million new units under its upsized private placement to raise gross proceeds of S$100 million, the manager of the mainboard-listed real estate investment trust (Reit) said in a bourse filing early Tuesday morning.
The joint global coordinators and bookrunners, Citigroup Global Markets Singapore and RHB Securities Singapore, closed the order book for the placement on Tuesday.
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