alvis
2021-05-20

$MAPLETREE INDUSTRIAL TRUST(ME8U.SI)$BRIEF-Mapletree Industrial Trust Announces Acquisition Of 29 Data Centres In U.S. (2021/05/20 09:53AM)

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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)

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