Equites Property Fund finds favour in debt capital market
The R500m raised in debt auction will pay off debt and reduce debt costs
In a constrained debt capital market, Equites Property Fund has raised R500m in public auction of a five-year listed senior unsecured floating rate note in SA.
The company attracted R1.23bn bids from 13 investors at an auction conducted by Standard Bank...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.