Brief: Bsr Real Estate Investment Trust Announces Us$104.4 Million Of Acquisitions

BSR Real Estate Investment Trust

27/08/2019 20:29

Aug 27 (Reuters) - BSR Real Estate Investment Trust  HOMu.TO :
    * BSR REAL ESTATE INVESTMENT TRUST ANNOUNCES US$104.4 MILLION OF
ACQUISITIONS AND
US$35 MILLION BOUGHT DEAL EQUITY FINANCING AND US$15 MILLION PRIVATE PLACEMENT
    * BSR REAL ESTATE INVESTMENT TRUST - INCREASED SENIOR SECURED REVOLVING
CREDIT
FACILITY FROM US$110 MILLION TO US$175 MILLION
    * BSR REAL ESTATE INVESTMENT TRUST - INTENDS TO USE NET PROCEEDS FROM
FINANCING TO
FUND A PORTION OF PURCHASE PRICE OF ACQUISITIONS
    * BSR REAL ESTATE INVESTMENT TRUST - BALANCE OF PURCHASE PRICE WAS FUNDED
WITH
CASH ON HAND AND REIT'S CREDIT FACILITY

Source text for Eikon:  ID:nGNX19sVMp 
Further company coverage:  HOMu.TO 

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