May 18 (Reuters) - Charter Hall Long WALE REIT (CLW) :
- ACQUISITIONS AND EQUITY RAISING
- TO BUY 50% INTERESTS IN THREE MODERN, LONG WALE SUBURBAN OFFICE PROPERTIES AND ONE MODERN LIFE SCIENCES PROPERTY
- TOTAL PURCHASE PRICE OF $415.4 MILLION
- WILL UNDERTAKE FULLY UNDERWRITTEN ACCELERATED NON-RENOUNCEABLE ENTITLEMENT OFFER TO RAISE ABOUT $250 MILLION
- ENTERED INTO AGREEMENTS AND HAS SETTLED ACQUISITION OF A LONG WALE CONVENIENCE RETAIL PROPERTY
- UPGRADE ITS FY21 OPERATING EPS GUIDANCE TO 29.2 CENTS PER SECURITY
- CHARTER HALL GROUP COMMITTED TO TAKE UP ITS FULL ENTITLEMENT, REPRESENTING COMMITMENT OF ABOUT $29 MILLION
- PROVIDE FY22 OPERATING EPS GUIDANCE OF NO LESS THAN 2.75% GROWTH OVER UPGRADED FY21 OPERATING EPS
- ENTITLEMENT OFFER WILL BE ISSUED AT A FIXED PRICE OF $4.65 PER SECURITY
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