In today’s briefing:
- Mapletree Industrial Trust Placement – Data Centre Exposure Still on the Rise
Mapletree Industrial Trust Placement – Data Centre Exposure Still on the Rise
- Mapletree Industrial Trust (MINT SP) is looking to raise at least S$202m (US$150m) in its primary placement.
- The proceeds will be used to partially fund its acquisition of a data centre asset in downtown Osaka, Japan, while the remainder will be funded by debt.
- In this note, we’ll run the deal through our ECM framework and comment on deal dynamics.
💡 Before it’s here, it’s on Smartkarma
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