Brief: Mapletree Industrial Trust Announces Acquisition Of 29 Data Centres In U.S.

Mapletree Industrial Trust

20/05/2021 02:53

May 20 (Reuters) - Mapletree Industrial Trust  MAPI.SI :
    * MAPLETREE INDUSTRIAL TRUST ANNOUNCES ACQUISITION OF 29
DATA
CENTRES LOCATED IN UNITED STATES
    * DEAL FOR US$1,320.0 MILLION
    * ACQUISITION EXPECTED TO BE DPU ACCRETIVE
    * INTENDS TO FINANCE DEAL WITH DRAW DOWN OF DEBT FACILITIES
&
PROCEEDS FROM AN EQUITY FUND RAISING
    * ABOUT 60% OF TOTAL ACQUISITION OUTLAY WILL BE FUNDED BY
DEBT
    * ABOUT 302.8 MILLION NEW UNITS TO BE ISSUED AT ILLUSTRATIVE
UNIT
PRICE OF AROUND S$2.64 EACH

Source text for Eikon:  urn:newsml:reuters.com:*:nSNZ1B3xQ1
Further company coverage:  MAPI.SI 

 (Reuters.Briefs@thomsonreuters.com)