Religare Health Trust: 8.5 to 9% yield.
A new*business trust*to be listed soon in Singapore, it seems.
Religare Health Trust, which will own assets managed by Indian hospital group Fortis, is offering an indicative yield of 8.5% to 9% for its initial public offering that could raise as much as $500 million. The units offered will comprise about 70% of the total, the source added.
The listing is planned in the third week of October, sources said.
Religare Health Trust has a mandate to invest in medical and healthcare assets and services in Asia, Australasia and emerging markets, Fortis Healthcare has said previously.
Source: REUTERS
Another 'Don't subscribe will bang the wall' , like those who missed IHH , FarEast etc ?
A new*business trust*to be listed soon in Singapore, it seems.
Religare Health Trust, which will own assets managed by Indian hospital group Fortis, is offering an indicative yield of 8.5% to 9% for its initial public offering that could raise as much as $500 million. The units offered will comprise about 70% of the total, the source added.
The listing is planned in the third week of October, sources said.
Religare Health Trust has a mandate to invest in medical and healthcare assets and services in Asia, Australasia and emerging markets, Fortis Healthcare has said previously.
Source: REUTERS
Another 'Don't subscribe will bang the wall' , like those who missed IHH , FarEast etc ?