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8 months ago
BRIEF-Morguard North American Residential REIT reports public offering of $60 mln of trust units
December 15, 2016 / 10:12 PM / 8 months ago

BRIEF-Morguard North American Residential REIT reports public offering of $60 mln of trust units

Dec 15 (Reuters) - Morguard North American Residential Real Estate Investment Trust :

* Morguard North American Residential Real Estate Investment Trust- public offering 4.37 million trust units at $13.75 per unit for gross proceeds of $60 million

* Morguard North American Residential Real Estate Investment Trust- net proceeds from offering will be used to fund future acquisitions, repay debt

* Morguard North American Residential REIT announces public offering of $60 million of trust units Source text for Eikon: Further company coverage:

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