OUE Hospitality Trust S$239 million rights issue

13/4/2016

Rights issue

Value:

S$ 239 million

Status:

Completed

Date:

13/4/2016

Overview:

OUE Hospitality Trust has undertaken a S$239 million rights issue, which was approximately 139.9% subscribed.
BNP Paribas, DBS Bank and Credit Suisse have acted as joint lead managers and underwriters.
OUE H-Trust is a stapled group comprising OUE Hospitality Real Estate Investment Trust and OUE Hospitality Business Trust.

Katrin Kostadinova - Data analyst

Jurisdiction:

Singapore

Deal type:

Rights issue

Practice area:

Capital markets : Equity

Governing law:

Singapore

Industry sector:

Real estate

Firm:

Rajah & Tann Singapore

Party: BNP Paribas (Joint lead manager, Underwriter)

Party: DBS Bank (Joint lead manager, Underwriter)

Party: Credit Suisse Singapore (Joint lead manager, Underwriter)

Lawyer: Evelyn Wee

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