AIMS APAC REIT (DE:VT7N) has released an update.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
AIMS APAC REIT Management Limited has secured a major financing deal, establishing a new sustainability-linked loan facility totaling SGD 400 million and AUD 150 million with various financial institutions. The agreement includes specific conditions related to shareholder interests and control changes of the REIT or its Manager, which if breached, could affect the level of facilities available. This strategic financial move aims to bolster the REIT’s capital structure and sustain its growth.
For further insights into DE:VT7N stock, check out TipRanks’ Stock Analysis page.