ESR-REIT (SG:J91U) has released an update.
ESR-LOGOS REIT, managed by ESR-LOGOS Funds Management, has successfully priced an additional S$100 million in 6% subordinated perpetual securities, which will consolidate with earlier securities to form Series 009 under their Multicurrency Debt Issuance Programme. The securities are unsecured, ranking equally with the Issuer’s other obligations, and will be offered under specific exemptions in Singapore’s Securities and Futures Act. This strategic move allows investors an opportunity to partake in ESR-LOGOS REIT’s ongoing financial restructuring and growth.
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