AIMS APAC REIT (DE:VT7N) has released an update.
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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.
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