Manulife US Reit:
The Reit's private placement and preferential offering raised gross proceeds of about US$142.7 million after both priced in at the top end of their issue price range. The issue price of the private placement, more than seven times covered, was US$0.876 per unit, while the preferential offering's issue price was US$0.860 per unit. An upsize option to raise another US$80 million was also fully taken up. Its units closed flat at US$0.91 on Wednesday before Thursday's trading halt.
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