ATRIUM REAL ESTATE INVESTMENT TRUST |
Type | Announcement |
Subject | OTHERS |
Description | ATRIUM REAL ESTATE INVESTMENT TRUST ("ATRIUM REIT") ESTABLISHMENT OF AN UNRATED MEDIUM TERM NOTES ("MTN") PROGRAMME OF UP TO RM999.0 MILLION IN NOMINAL VALUE ("MTN PROGRAMME") |
Unless otherwise stated, the terms used herein shall have the same meaning as defined in the previous announcement dated 18 September 2019 in respect of the MTN Programme.
We refer to the previous announcement dated 18 September 2019 in respect of the MTN Programme.
The Board of Directors of Atrium REIT Managers Sdn Bhd, the Manager of Atrium REIT, wishes to announce that Public Bank Berhad is agreeable to subscribe Tranche 3 of the MTN Programme of RM36.0 million (“Tranche 3 MTN”).
The Tranche 3 MTN has a tenure of seven (7) years from the date of issuance.
Proceeds raised from the Tranche 3 MTN shall be utilised by the Issuer to part finance/reimburse Atrium REIT’s purchase of the following property at a margin of financing of 80% of the purchase price of RM45.0 million:-
both situated in Daerah Petaling, Negeri Selangor together with a single storey detached factory and a single storey office cum canteen, a TNB substation and a guard house erected thereon and bearing postal address of Lot 7, Persiaran Raja Muda, Seksyen 16, 40200 Shah Alam, Selangor Darul Ehsan.
This announcement is dated 7 December 2020. |
Company Name | ATRIUM REAL ESTATE INVESTMENT TRUST |
Stock Name | ATRIUM |
Date Announced | 07 Dec 2020 |
Category | General Announcement for PLC |
Reference Number | GA1-07122020-00072 |