Completion Of The Acquisition Of A Portfolio Of Three Premium Marriott-Branded Upscale Select-Service Hotels In United States And Use Of IPO Proceeds

BackJan 20, 2020
Announcement Title Asset Acquisitions and Disposals
Date & Time of Broadcast Jan 20, 2020 7:53
Status New
Announcement Sub Title Completion of Acquisition and Use of IPO Proceeds
Announcement Reference SG200120OTHRELWJ
Submitted By (Co./ Ind. Name) ARA Trust Management (USH) Pte. Ltd. / Ling Hong Liang
Designation Finance Director
Description (Please provide a detailed description of the event in the box below) Please see attached.

DBS Bank Ltd. is the Sole Issue Manager for the initial public offering of the stapled securities in ARA US Hospitality Trust (the Offering ). DBS Bank Ltd., Oversea-Chinese Banking Corporation Limited and United Overseas Bank Limited are the Joint Financial Advisers and Joint Global Coordinators for the Offering. DBS Bank Ltd., Oversea-Chinese Banking Corporation Limited, United Overseas Bank Limited and Credit Suisse (Singapore) Limited are the Joint Bookrunners and Underwriters for the Offering.
  1. Attachment 1 (Size: 120,184 bytes)