KORE to raise US$75.6m from private placement to fund Dallas property buy
Add BT as a preferred source
Fiona Lam
Singapore
KEPPEL Pacific Oak US Reit (KORE), previously known as Keppel-KBS US Reit, has undertaken a private placement to fund its purchase of an office property in the US.
It will raise US$75.6 million after the issue was priced at the higher end of a range of between 70.1 US cents and 72.5 US cents per new unit.
