News: MGR Mirvac Group Launches A $750 Mln Placement, Issues Guidance

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    May 29 (Reuters) - Mirvac Group (MGR) :

    • LAUNCHES A $750M PLACEMENT
    • RE-AFFIRMS ITS FY19 DISTRIBUTION PER STAPLED SECURITY ("DPS") GUIDANCE OF 11.6 CPSS
    • UNDERTAKING AN EQUITY RAISING COMPRISING A NON-UNDERWRITTEN SECURITY PURCHASE PLAN TO RAISE UP TO $75 MILLION
    • PRELIMINARY FY20 DPS GUIDANCE OF 5 PER CENT GROWTH COMPARED TO FY19
    • PRELIMINARY FY20 EPS GUIDANCE OF GREATER THAN 2 PER CENT GROWTH COMPARED TO FY19
    • EXPECTS TO DELIVER FY19 EARNINGS PER STAPLED SECURITY OF 17.1 CENTS PER STAPLED SECURITY

    Source text : http://bit.ly/2WsZU9f

    (([email protected];))

 
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