Listed property fund's quality communication and reporting recognised
Recognising the excellent quality of its market intelligence, the Investment Analysts Society (IAS) has awarded Growthpoint Properties Limited with its 'Best Reporting and Communications Award' in the Financial Services Sector. Each year the IAS recognises the skills of listed companies which win its awards for “Best Communicating and Reporting”. This is the first time Growthpoint - the largest South African listed property company with total assets exceeding R50 billion and a market capitalisation of R36 billion - has received this recognition.
Growthpoint issues R500m long term corporate bond
Growthpoint Properties Limited (GRT) has issued a R500 million senior unsecured corporate bond issue of five-year maturity.
First ever senior unsecured corporate bond by SA listed property company
Leading JSE listed property company Growthpoint Properties Limited [JSE: GRT] has raised R500 million in the first corporate bond to be issued by a South African listed property company
Growthpoint's CP issue over-subscribed
Growthpoint Properties has issued R200 million of 3-month senior unsecured commercial paper.
Growthpoint issue 4.3 times over-subscribed
Growthpoint Properties Limited has announced that it has issued R200 million of 3-month senior unsecured commercial paper (CP)
Growthpoint rolls commercial paper
Growthpoint Properties has rolled over R350 million of 3-month senior unsecured commercial paper, which expired on 12 May 2010.
Growthpoint Properties paper issue is 4.5 times over-subscribed
Over R350 million of 3-month senior unsecured commercial paper (CP) was made available to potential bidders
Inaugural Commercial Paper issue is three-times oversubscribed
JSE ALSI 40 listed company Growthpoint Properties Limited announced that its R500 million inaugural senior unsecured Commercial Paper (CP) issue has been well oversubscribed, with R1.5 billion of bids submitted
Moody’s upgrades Growthpoint Properties Limited securitisation notes
Growthpoint Properties Limited has achieved a Moody’s Investor Services rating in excess of the South African Government sovereign ceiling for the notes issued during its most recent commercial mortgage backed securitization (CMBS) in November 2006
Growthpoint Properties Limited reduces risk
In a tactical transaction which has already proven beneficial to its linked unitholders, Growthpoint Properties Limited fixed interest rates for a total of R1,3 billion of floating rate debt the week prior to Reserve Bank Governor Tito Mboweni's announcement of a 0,5% interest rate increase
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