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IREIT Global ( (SG:UD1U) ) has shared an announcement.
IREIT Global has announced the issuance of S$85 million in green notes due in 2028 under its US$1 billion multicurrency debt issuance programme. The notes, which carry a 6.00% interest rate, have been approved in principle for listing on the Singapore Exchange. The issuance involves cross-currency swaps to convert proceeds into Euros, reflecting IREIT’s strategic financial management. The notes include a condition that restricts changes in management, highlighting the importance of stability in the company’s operations.
The most recent analyst rating on (SG:UD1U) stock is a Hold with a S$0.33 price target. To see the full list of analyst forecasts on IREIT Global stock, see the SG:UD1U Stock Forecast page.
More about IREIT Global
IREIT Global is a real estate investment trust established under the laws of the Republic of Singapore. The company focuses on managing a diversified portfolio of income-producing real estate assets, primarily in the commercial sector. It operates under a multicurrency debt issuance programme to finance its operations and growth.
Average Trading Volume: 916,430
Technical Sentiment Signal: Sell
Current Market Cap: S$322.8M
For detailed information about UD1U stock, go to TipRanks’ Stock Analysis page.