Prime response to Reit IPO

Another strong order book for a Singapore Reit.

Prime Reit is set to become the seventh Reit to list in Singapore following the pricing of a 943.1 million unit deal yesterday September 13 at S$0.98 per unit. The group is scheduled to raise S$924.24 million $550.89 million from the IPO, which was led by Macquarie Securities global co-ordinator, plus DBS, JPMorgan and Deutsche Bank as joint bookrunners.

Pricing came at the very top of an S$0.93 to S$0.98 indicative range...

To continue reading, please login or register for free

Click for more on: prime | response | reit | ipo

Print Edition

FinanceAsia Print Edition

CONFERENCES

  • 2nd Compliance Summit Southeast Asia

    17 August 2017  |  Singapore
    The 2017 Compliance Summit Southeast Asia will take an in-depth look at the key compliance considerations today with a focus on regulation and new ...