Placements::Launch of the Private Placement to raise Gross Proceeds of no less than S$200 Million

Issuer & Securities

Issuer/ Manager
CAPITALAND INTEGRATED COMMERCIAL TRUST MANAGEMENT LIMITED
Securities
CAPITALAND INTEGRATED COMM TR - SG1M51904654 - C38U
Stapled Security
No

Announcement Details

Announcement Title
Placements
Date &Time of Broadcast
07-Dec-2021 07:37:28
Status
New
Announcement Sub Title
Launch of the Private Placement to raise Gross Proceeds of no less than S$200 Million
Announcement Reference
SG211207OTHRM79P
Submitted By (Co./ Ind. Name)
Lee Ju Lin, Audrey
Designation
Company Secretary, CapitaLand Integrated Commercial Trust Management Limited
Description (Please provide a detailed description of the event in the box below)
Launch of private placement of 103,627,000 new units in CapitaLand Integrated Commercial Trust ("New Units") to institutional, accredited and other investors at an issue price of between S$1.930 and S$1.981 per New Unit (both figures inclusive) ("Issue Price Range") to raise gross proceeds of no less than S$200 million ("Private Placement"), with a potential upsize option subject to demand.

The Offer Price indicated below is based on the lower end of the Private Placement Issue Price Range.

Please refer to the attached announcement issued by CapitaLand Integrated Commercial Trust Management Limited, for CapitaLand Integrated Commercial Trust, on the above matter for information.

Additional Details

Capital Amount-Old
SGD 13,286,188,047
Capital Amount-New
SGD 13,486,188,047
No. of Existing Outstanding Shares
6,481,067,340
New Shares Issued
103,627,000
Offer Price
SGD 1.93

Attachments

Related Announcements