Mitsui Fudosan Logistics Park Inc Watchlist
Mitsui Fudosan Logistics Park Placement - Unit Price Has Historically Outperformed Peers
Equity Capital Markets
196 Views, 13 Jan 2022 10:14
Mitsui Fudosan Logistics Park Inc (3471 JP) is looking to raise around US$170m in its Primary Offering, to fund its acquisition of three properties and pay down its borrowings.
- The anticipated acquisitions, post-completion, will be accretive to both operating income and DPU, even after factoring in the dilution.
- In this note, we will talk about the deal dynamics and run the deal through our ECM framework.