JSE-listed Fortress Real Estate Investments has announced the successful issuance of about R1.06-billion under its domestic medium-term note (DMTN) programme. The issuance comprised two tranches – R561-million three-year notes priced at a margin of 95 basis points over a three-month Johannesburg Interbank Average Rate (Jibar) and R495-million five-year notes priced at a margin of 113 basis points over a three-month Jibar.
