Eagle Hospitality Trust (“EHT” or the “Trust”) is offering 580,558,000 Stapled Securities at 78 US cents, of which 44,871,000 units will be via the Public Offer with the balance already distributed through the Placement Tranche. Investors applying through the ATM will be paying based on the exchange rate of USD/SGD of S$1.3731. The IPO will close on 22 May at 12 noon and start trading at 2pm on 24 May.
Principal Business EHT is established to invest in income producing real estate used primarily for hospitality-related purposes with initial focus in the United States. 
Key Investment Highlights
Initial Portfolio
The initial portfolio comprise 18 full service hotel properties in the mid to upper upscale hotels. There are 5,420 rooms with a value of US$1.27 billion. The average daily room rate for the Forecast Period and Projection Year is around