ESR-REIT (SG:J91U) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
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.
For further insights into SG:J91U stock, check out TipRanks’ Stock Analysis page.
