Eagle Hospitality sweetens Singapore IPO

Jonathan Breen

May 06, 2019 09:45 am

SGX Singapore Stock Exchange_230px — (160727) -- SINGAPORE, July 27, 2016 (Xinhua) -- A staff member walks past an office in Singapore Exchange (SGX), July 27, 2016. SGX on Wednesday announced net profit of 349 million Singapore dollars (about 257 million U.S. dollars) for the full financial year 2016, unchanged from the previous year. (Xinhua/Then Chih Wey) ****Authorized by ytfs**** (Photo by Xinhua/Sipa USA) | Xinhua/SIPA USA/PA Images

Eagle Hospitality Trust has cut the floor of the initial price guidance for its Singapore IPO, hiking up the yield for investors while delaying the end of its roadshow, according to a source close to the deal.

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Topics

Deutsche Bank Equity IPOs UBS Equity Bank of America Jefferies LLC Asia Southeast Asia BNP Paribas Singapore Asean Asia Pacific Emerging Markets DBS

JB

Jonathan Breen

Equities editor GlobalCapital Asia