Mapletree Industrial Trust , which owns factories and other industrial assets in Singapore, said on Thursday it has priced an offering of new units at S$1.09 a unit, which was at the top end of an indicative range.
This was a discount of 2.2 percent to the adjusted volume weighted average price of S$1.115 a unit on July 27, Mapletree Industrial said.
It has also priced its preferential offering at S$1.06 a unit, or at the midpoint of the indicative range.
Citigroup and DBS were the joint bookrunners and underwriters for the placement and preferential offering to raise around S$175 million.
It has also priced its preferential offering at S$1.06 a unit, or at the midpoint of the indicative range.
Citigroup and DBS were the joint bookrunners and underwriters for the placement and preferential offering to raise around S$175 million.
