Manulife REIT $208 million rights issue

20/11/2017

REIT, Share offer, Rights issue

Value:

S$ 208 million

Status:

Completed

Date:

20/11/2017

Overview:

Manulife REIT has undertaken a S$208 million rights issue.
Proceeds will be used to finance an acquisition in the United States.
The issuer's strategy is investing in US markets - specifically in real estate assets.

Katrin Kostadinova - Data analyst

Jurisdiction:

Singapore

Deal types:

REIT
Share offer
Rights issue

Practice area:

Capital markets : Equity

Governing law:

Singapore

Industry sector:

Real estate

Firm:

Allen & Gledhill

Party: Manulife Financial Corporation (Issuer)

Lawyers: Hoe Yue Teh, Jerry Koh, Jonathan Lee

Related deals