Croesus Retail Trust

[tanjm]

I would have put my personal estimation of the fair value (and leaving some money on the table for Blackstone) at around 1.25 myself. But I guess 1.17 isn't too bad, when they are also leaving a distribution of about 4.06 cents to unit holders if the effective date of the transaction is before 31 Oct 17.

I've been risk off for the last several months, so the cash from this would be handy.