Resilient Reit raises R2.5bn of fresh capital
Resilient Reit, the South African real estate investment trust, completed an accelerated capital increase on Tuesday morning that was tripled in size due to the strength of the demand.
Launched early on Tuesday morning in Johannesburg, the deal initially had target proceeds of R750m. Java Capital was bookrunner.
The deal was priced at R126, a discount of 4.7% to the closing price of Resilient on Monday. Due to the strength of the demand, the size of
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