Keppel Reit:
Keppel Reit has priced its S$200 million five-year convertible bonds at 1.9 per cent, or the top-end of the expected interest rate range of 1.7 to 1.9 per cent. The initial conversion price of S$1.4625 per unit represents a 12.5 per cent premium to the counter's closing price of S$1.30 on Tuesday. The bonds will be issued in denominations of S$250,000.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Finance Finance Latest News, Finance Finance Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stocks to watch: Keppel, SIA Engineering, IHH Healthcare, Olam, Green BuildTHE following companies saw new developments that may affect trading of their shares on Tuesday: Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Ascott Reit buys 150-room business hotel near Sydney Airport for A$61mASCOTT Residence Trust (Ascott Reit) is buying a 150-room business hotel near Sydney Airport in Australia for A$60.6 million (S$58.8 million), the hospitality trust announced on Wednesday during the mid-day trading break. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »