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Home / Capital / Ipo

Eagle Hospitality Trust registers prospectus with MAS; to raise $620 mil from IPO

IPO

Eagle Hospitality Trust registers prospectus with MAS; to raise $620 mil from IPO

PC Lee Published on Thu, May 16, 2019 / 8:04 PM GMT+8

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SINGAPORE (May 16): The trustee-managers of Eagle Hospitality Trust (EHT) have registered its prospectus with the Monetary Authority of Singapore in connection with the offering of 580.6 million stapled securities at the issue price of US$0.78 per stapled security to raise US$453 million ($620 million) in gross proceeds.

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