Brief: Prime US REIT Says Raised US$120.0 Mln Through Private Placement
12/02/2020 15:16
Feb 12 (Reuters) - Prime US REIT PRIE.SI :
* PLACEMENT OF NEW UNITS HAS BEEN FIXED AT TOP END OF RANGE
AT
US$0.957 PER NEW UNIT; RAISES US$120.0 MLN
* FUNDS RAISED INTENDED FOR ACQUISITION OF PARK TOWER IN
CALIFORNIA
Source text for Eikon: urn:newsml:reuters.com:*:nSNZ1PTzLx
Further company coverage: PRIE.SI
(Reuters.Briefs@thomsonreuters.com)
Recent news on Prime US REIT
See all newsBrief: Prime US REIT Posts FY Gross Revenue USD133.304 Million
Brief: Prime US REIT Expects To Hike Distributable Income Payout Ratio To At Least 50% For 2H Onwards
Brief: Prime US REIT Posts HY Net Property Income US$35.8 Million
Brief: Prime US REIT Appoints Richard Peter Bren As Chairman
Brief: Prime US REIT Says Distributable Income Per Unit 1.13 US Cents For 2H2024