[This Week's IPO] March Fifth Week Demand Forecast and Subscription Schedule
In the fifth week of this month (March), Samsung FN REITs will conduct a general subscription.
◆Samsung FN REITs= The public offering price is 5,000 KRW, and the number of shares offered is 23.78 million. Samsung FN REITs plans to raise 118.9 billion KRW through this listing. A demand forecast for institutional investors was conducted on the 20th and 21st, and a general subscription will be held on the 27th and 28th. It will then be listed on the KOSPI market in April. The joint lead managers are Samsung Securities and Korea Investment & Securities, and the joint managers are NH Investment & Securities and KB Securities.
Samsung FN REITs (Samsung FN Trust Management Real Estate Investment Company) is the first Samsung Group public offering REITs directly participated by four Samsung Financial Networks companies (Samsung Life Insurance, Samsung Fire & Marine Insurance, Samsung SRA Asset Management, and Samsung Securities). It has built a core asset portfolio based on prime office assets located in key domestic business districts, including 'Daechi Tower' and 'S-1 Building.'
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