Brief: Swiss Prime Site Raises CHF 300 Mln Through Accelerated Bookbuilding

Swiss Prime Site AG

25/02/2025 06:04

Feb 25 (Reuters) - Swiss Prime Site AG  SPSN.S :
    * SWISS PRIME SITE AG - HAS SUCCESSFULLY RAISED CHF 300
MILLION IN
GROSS PROCEEDS THROUGH AN ACCELERATED BOOKBUILDING
    * SWISS PRIME SITE AG - NET PROCEEDS ARE EXPECTED TO BE
DEPLOYED
WITHIN NEXT 9-12 MONTHS
    * SWISS PRIME SITE AG - TRANSACTION IS EXPECTED TO BE
ACCRETIVE TO
FUNDS FROM OPERATIONS I (FFO I) PER SHARE UPON FULL DEPLOYMENT
AND TO NAV IMMEDIATELY
    * SWISS PRIME SITE AG - TANGIBLE ACQUISITION PIPELINE OF
YIELDING
PROPERTIES UNDERWAY WITH EXPECTED RENTAL INCOME OF MORE THAN CHF
17 MILLION PER ANNUM
    * SWISS PRIME SITE AG - NEW SHARES ARE EXPECTED TO BE LISTED
AND
ADMITTED TO TRADING ON SIX SWISS EXCHANGE ON 26 FEBRUARY 2025
    * SWISS PRIME SITE AG - PAYMENT AND SETTLEMENT ARE EXPECTED
TO
TAKE PLACE ON 27 FEBRUARY 2025

Source text:  ID:nEQ7YNr9sa 
Further company coverage:  SPSN.S 

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