Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Stoneweg European Real Estate Investment Trust ( (SG:SET) ) has provided an announcement.
Stoneweg European Real Estate Investment Trust has issued EUR300 million in 4.125% Green Notes due 2033 under its EUR1.5 billion Euro Medium Term Note Programme. The issuance, managed by Stoneweg EREIT Lux Finco S.à r.l., includes a 5-year fixed-to-floating swap, reducing the all-in-interest cost to 3.9%. This strategic move supports the company’s financial structuring and commitment to sustainable investment, potentially enhancing its market position and stakeholder value.
The most recent analyst rating on (SG:SET) stock is a Hold with a EUR1.50 price target. To see the full list of analyst forecasts on Stoneweg European Real Estate Investment Trust stock, see the SG:SET Stock Forecast page.
More about Stoneweg European Real Estate Investment Trust
Stoneweg European Real Estate Investment Trust is a real estate investment trust established in Singapore, focusing on European real estate markets. It operates under the management of Stoneweg EREIT Management Pte. Ltd. and Stoneweg EBT Management Pte. Ltd., and is part of a stapled group that includes Stoneweg European Business Trust.
Average Trading Volume: 407,841
Technical Sentiment Signal: Buy
Current Market Cap: €849.3M
See more insights into SET stock on TipRanks’ Stock Analysis page.