March 12 (Reuters) - Dexus (DXS) :
- DEXUS AND DWPF ACQUIRE REMAINING INTEREST IN MLC CENTRE, SYDNEY
- DEAL FOR FOR A TOTAL PRICE OF A$800.0 MILLION
- ACQUISITION OF REMAINING INTEREST PROVIDES DEXUS WITH FULL MANAGEMENT AND OPERATIONAL CONTROL
- DEXUS TO FUND ITS SHARE THROUGH DEBT & LAUNCH A UNDERWRITTEN OFFERING OF A$425 MILLION GUARANTEED EXCHANGEABLE NOTES DUE JUNE 2026
- POST-ACQUISITION DEXUS'S PRO FORMA GEARING IS EXPECTED TO INCREASE BY 90 BASIS POINTS TO 24.6%
- ACQUISITION IS EXPECTED TO HAVE AN IMMATERIAL IMPACT ON DISTRIBUTIONS IN FY19
- DEXUS MAINTAINS ITS FY19 GUIDANCE OF DISTRIBUTION PER SECURITY GROWTH OF CIRCA 5%
Source text: (http//bit.ly/2VPUK3f)
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