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REAL ESTATE: Tritax Eurobox (EBOXLN: BBB*+): Brookfield Takeover

REAL ESTATE
  • Potentially very Positive
  • Bonds have CoC Put at Par
  • Brookfield have reached terms to take over the company, usurping SEGRO's all-stock offer
  • We need to see the financing terms but it is likely that EBOX will lose its IG rating and hence trigger CoC Put
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  • Potentially very Positive
  • Bonds have CoC Put at Par
  • Brookfield have reached terms to take over the company, usurping SEGRO's all-stock offer
  • We need to see the financing terms but it is likely that EBOX will lose its IG rating and hence trigger CoC Put