Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
ESR-REIT ( (SG:J91U) ) just unveiled an update.
ESR-REIT has announced the pricing of S$125 million worth of 5.75% subordinated perpetual securities as part of its S$750 million Multicurrency Debt Issuance Programme. This move, managed by DBS Bank Ltd. and Oversea-Chinese Banking Corporation Limited, is aimed at strengthening the company’s financial position and providing flexibility in capital management, potentially impacting its market standing and offering implications for investors and stakeholders.
More about ESR-REIT
ESR-REIT is a real estate investment trust based in Singapore, focusing on managing a diversified portfolio of industrial properties. The company operates under a trust deed and is involved in the issuance of debt securities to support its financial strategies.
YTD Price Performance: -24.74%
Average Trading Volume: 8,333
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.42B
For a thorough assessment of J91U stock, go to TipRanks’ Stock Analysis page.