Brief: Elite Commercial REIT Announces Launch Of Non-Renounceable Preferential Offering
Dec 19 (Reuters) - Elite Commercial REIT ELIE.SI :
* LAUNCH OF FULLY UNDERWRITTEN NON-RENOUNCEABLE PREFERENTIAL
OFFERING TO RAISE GROSS PROCEEDS OF £28 MILLION
* OFFER AT ISSUE PRICE OF £0.27 PER PREFERENTIAL OFFERING
UNIT
* FUNDS FROM PREFERENTIAL OFFERING WILL BE USED MAINLY TO
REPAY
DEBT & REDUCE GEARING
Source text for Eikon: ID:nSN1ZKjtV
Further company coverage: ELIE.SI
Recent news on Elite UK REIT
See all newsBrief: Elite UK REIT Enters Facilities Agreement For Revolving Facilities Of Up To GBP50 Million
UK's Elite UK REIT half-year net income jumps on property gains
Brief: Elite UK REIT Launches Fully Underwritten Private Placement To Raise £7.4 Million
Brief: Elite UK REIT Proposes Acquisition Of Five Government-Leased Properties Located Across UK
Brief: Elite UK REIT Secures Planning Consent For Data Centre Development At Peel Park, Blackpool