March 19 (Reuters) - Vicinity Centres (VCX) :
- VICINITY WITHDRAWS FY20 EARNINGS AND DISTRIBUTION GUIDANCE
- FY20 EARNINGS & DISTRIBUTION GUIDANCE WITHDRAWN FOLLOWING ESCALATION OF COVID-19 & INCREASED UNCERTAINTY SURROUNDING IMPACT
- GIVEN VOLATILE MARKET CONDITIONS, SECURITIES BUY-BACK PROGRAM HAS BEEN SUSPENDED
- CURRENTLY OPERATING WELL WITHIN COVENANTS & HAVE $1.3 BILLION OF UNDRAWN FACILITIES
- WITHDRAWING BOTH FY20 FUNDS FROM OPERATIONS (FFO) PER SECURITY EARNINGS AND DISTRIBUTION GUIDANCE
Source text https://reut.rs/2QtnPBz
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