– Viva SGD 4yrs announced with strong anchor orders
– Initial price guidance: 4.15-4.2%
– Acquisition announcement : To acquire Jackson Square (Toa Payoh) and Jackon Design Hub (Tai Seng St) for SGD 112.8 Mil http://www.theedgesingapore.com/the-daily-edge/business/49929-viva-industrial-reit-to-acquire-jackson-square-and-jackson-design-hub-for-1128-mil.html
COMPS:
Ascendas India Trust 3.8% 08/27/19 100.25 3.74%
AACI REIT 3.8% 05/21/19 100.00 3.80%
Cambridge Reit 4.1% ......ISSUER: Viva iTrust MTN Pte. Ltd.
GUARANTOR: The Trust Company (Asia) Limited (in its capacity as trustee of Viva Industrial Real Estate Investment Trust)
SERIES: 001
STATUS: Direct, unconditional, unsubordinated and unsecured Notes
EXPECTED ISSUE RATING: BBB-
FORMAT: Reg S, S274 & 275 of SFA, issuance off S$500 Million Multicurrency Medium Term Note Programme
ISSUE SIZE: $100 Million
TENOR: 4 years
INITAL PRICE GUIDANCE: 4.15-4.2%
UOP: In accordance with the Programme
PAYMENT: Semi-annual, actual/365 (fixed)
DETAILS:SGD250K/Singapore Law/CDP
LISTING: SGX-ST
– Viva SGD 4yrs announced with strong anchor orders
– Initial price guidance: 4.15-4.2%
– Acquisition announcement : To acquire Jackson Square (Toa Payoh) and Jackon Design Hub (Tai Seng St) for SGD 112.8 Mil http://www.theedgesingapore.com/the-daily-edge/business/49929-viva-industrial-reit-to-acquire-jackson-square-and-jackson-design-hub-for-1128-mil.html
COMPS:
Ascendas India Trust 3.8% 08/27/19 100.25 3.74%
AACI REIT 3.8% 05/21/19 100.00 3.80%
Cambridge Reit 4.1% ......
– Viva SGD 4yrs announced with strong anchor orders
– Initial price guidance: 4.15-4.2%
– Acquisition announcement : To acquire Jackson Square (Toa Payoh) and Jackon Design Hub (Tai Seng St) for SGD 112.8 Mil http://www.theedgesingapore.com/the-daily-edge/business/49929-viva-industrial-reit-to-acquire-jackson-square-and-jackson-design-hub-for-1128-mil.html
COMPS:
Ascendas India Trust 3.8% 08/27/19 100.25 3.74%
AACI REIT 3.8% 05/21/19 100.00 3.80%
Cambridge Reit 4.1% ......
