Business Services Industry

Macquarie ProLogis Trust to raise A$196.5 million in priority entitlement offer.

Australasian Business Intelligence, February, 2003

Feb 16, 2003 (The Australian Financial Markets Newsletter - INSTO - ABIX via COMTEX) -- Macquarie ProLogis Management is raising $A196.5 million via a priority entitlement offer. Proceeds will go toward its acquisition of US industrial properties. The non-renouncable entitlement issue has a retail and an institutional and component. New partly-paid units will be issued on a one-for-two basis at $A1.08 per unit, with $A0.83 per unit payable on application. The remaining $A0.25 is payable on 27 June 2003. The institutional component is worth some $A157 million. It closed fully subscribed and was jointly underwritten by Macquarie Equity Capital Markets and UBS Warburg Australia.

Publication Date: 14 February 2003

MACQUARIE PROLOGIS MANAGEMENT 

...

Premium Content Partnership | HighBeam Research provides an in-depth online archive library of reference works. HighBeam Research
 

BNET TalkbackShare your ideas and expertise on this topic

Please add your comment:

  1. You are currently: a Guest |
  2.  

Basic HTML tags that work in comments are: bold (<b></b>), italic (<i></i>), underline (<u></u>), and hyperlink (<a href></a)

advertisement
advertisement
  • Click Here
  • Click Here
  • Click Here
advertisement
Click Here