Hibernia REIT

Private placement brings major developments into view

  • May 21 2021, 09:30 IST/BST
  • Colin Grant
  • Company Report
  • 6 page(s)
  • Sectors : REITs
  • Companies : Hibernia REIT

Ratings and price correct at time of issue.

  • Hibernia REIT

    Closing Price: 114c

  • RATING 11/11/14

  • PREVIOUS RATING N/A

DAVY VIEW

Hibernia has announced a €125m unsecured private placement with long-term maturities and a low coupon rate. Combined with existing liquidity, the company is now positioned to develop both of its major office sites at Clanwilliam Court and Harcourt Square. This provides positive impetus ahead of its FY results next week.

Download full report with analyst certification and important disclosures

May 21 2021, 09:30 IST/BST

Download