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ESR-REIT Launches S$100 Million Fixed-Rate Notes for Strategic Financial Strengthening

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ESR-REIT Launches S$100 Million Fixed-Rate Notes for Strategic Financial Strengthening

Confident Investing Starts Here:

The latest update is out from ESR-REIT ( (SG:J91U) ).

ESR-REIT Management (S) Limited has announced the issuance of S$100,000,000 in 4.05% fixed-rate notes due in 2030, under its S$750,000,000 Multicurrency Debt Issuance Programme. The proceeds are aimed at refinancing existing borrowings, funding acquisitions, asset enhancements, and general capital requirements, indicating a strategic approach to strengthening the trust’s financial positioning and operational capabilities.

More about ESR-REIT

ESR-REIT is a real estate investment trust constituted in Singapore, primarily focused on managing a diverse portfolio of industrial properties. It operates within the real estate sector, catering to stakeholders interested in property investments and income generation from real estate assets.

YTD Price Performance: -24.74%

Average Trading Volume: 32,597

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $1.47B

Find detailed analytics on J91U stock on TipRanks’ Stock Analysis page.

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