The issue price for Mapletree Logistics Trust’s (SGX:M44U) (MLT) Private Placement which was announced earlier on Tuesday 20 October has been fixed at S$2.027 per New Unit. The Private Placement was fully subscribed with the additional upsized option exercised in full, announced the Manager of MLT on 21 October before the start of trading. The issue price represents a discount of approximately 1.2% of the Adjusted Volume Weighted Average Price of S$2.0513 per unit. A total of 246.7 million New Units will be issued under the Private Placement.

Preferential Offering:

MLT also announced the Issue Price for the Preferential Offering which has been fixed at S$1.990 per New Unit, representing a discount of 3.0% to the Adjusted Volume Weighted Average Price of S$2.0513 per unit. Existing Unitholders will be able to purchase 19 New Units for every 1000 existing units held as at 5pm on 28 October 2020. A total of 72.4 million New Units will be issued under the Preferential Offering....