A-Reit prices new equity deal

A-Reit returns to the equity markets for a second time in 2005.

Singapore-listed A-Reit priced a 112.67 million unit deal yesterday September 20, potentially raising S$240 million $142.66 million from the Citigroup-led transaction.

The equity issue has three components, of which the main one is a one-for-20 preference share deal for existing investors. This comprises a 64.5 million unit offering and will run from Friday through to the following Thursday, with allocations made public on October 3.

Alongside the preference share tranche, there...

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