Dexus refers to its announcement from 12 March 2019 regarding its offer of A$425 million Guaranteed Exchangeable Notes (‘Notes’) due June 2026. Dexus announces that the Notes priced overnight. The Notes will pay a fixed coupon rate of 2.30% per annum and are exchangeable into Dexus Stapled Securities at an initial exchangeable price of A$15.05 per security (subject to standard exchange price adjustments), reflecting a premium of 20% to Dexus’s closing price on 12 March 2019.
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