NTT DC Reit Targets $937 Million in SGX’s Biggest Reit IPO in a Decade
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4 Articles
NTT DC Plans to Raise $988 million in SGX, Highest REIT Listing in 10 Years
NTT DC Reit’s offering consists of 599.89 million units, with the sale of US$1 each, or slightly more than 58%. From July 14, units of Reit will start trading on the mainboard. Japanese telecom company Nippon Telegraph and Telephone (NTT) will raise US$773 million (S$988 million), the highest Reit listing on the Singapore Exchange (SGX) mainboard in ten years, with the initial public offering (IPO) of its data centre real estate investment (Reit…
NTT DC REIT Launches Singapore IPO Seeking to Raise $773M - Mingtiandi
Japan’s Nippon Telegraph and Telephone Corp on Monday filed a prospectus with Singapore’s central bank for NTT DC REIT, aiming to raise gross proceeds of $773 million from the initial public offering of the SGX-listed data centre trust. The Lion... Read More>> The post NTT Data Centres Seeks to Raise $773M in Biggest Singapore REIT IPO in a Decade appeared first on Mingtiandi.
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