ESR Debuts in JPY Bond Markets with a JPY30 billion Dual-Tranche Transaction
Retrieved on:
Friday, June 30, 2023
The gross proceeds of the Notes Issue will be JPY30 billion.
Key Points:
- The gross proceeds of the Notes Issue will be JPY30 billion.
- SMBC Nikko Capital Markets Limited was mandated as the Sole Global Coordinator, and a Joint Bookrunner with MUFG Securities Asia Limited Singapore Branch.
- The Group has an extensive AUM of US$35.1 billion in Japan and approximately 4.7 million sqm of GFA as of 31 December 2022.
- ESR has US$1.8 billion in cash and a healthy gearing[2] of 22.8% as of 31 December 2022.