Mapletree unit launches combo equity deal

Mapletree Commercial Trust raises S$529 million from a private placement of new units and is seeking another S$504 million from a preferential offering next month.

Singapore-listed Mapletree Commercial Trust is planning to raise S$1 billion ($751 million) from a pair of equity offerings, taking advantage of investors' desire for a safe yield play.

¬ Haymarket Media Limited. All rights reserved.

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