Centuria Industrial REIT settles A$325M exchangeable notes
Key points
- Centuria Industrial REIT settles A$325 million 3.50% guaranteed exchangeable notes due 2030
- Concurrent repurchase of up to A$299.5 million of existing A$300 million 3.95% exchangeable notes due March 2028
- New notes listed on the Singapore Exchange Securities Trading Limited
Full summary
Centuria Industrial REIT (CIP) has announced the settlement of a A$325 million 3.50% guaranteed exchangeable notes offering due 2030, which was launched on 27 August 2025. Concurrently, CIP has repurchased up to approximately A$299.5 million of its existing A$300 million 3.95% exchangeable notes due March 2028, with the repurchased notes being cancelled. The new A$325 million notes are listed on the Official List of the Singapore Exchange Securities Trading Limited. J.P. Morgan Securities plc, Jefferies (Australia) Pty Ltd and Morgan Stanley & Co. International Plc acted as Joint Global Coordinators, bookrunners and underwriters for the new notes issue, as well as Joint Dealer Managers on the repurchase of the existing notes.
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