APTT Secures Refinancing for Onshore and Offshore Facilities

Asian Pay Television ( (SG:S7OU) ) has provided an announcement.

APTT Management Pte. Limited announced the signing of facility agreements for the refinancing of its Onshore and Offshore Facilities, with financial closure expected in April 2025. This successful refinancing demonstrates lenders’ confidence in APTT’s business model, supported by strong cash flows from its subscription-based products and broadband services, and highlights its effective debt repayment capabilities.

More about Asian Pay Television

APTT is the first listed business trust in Asia that focuses on pay-TV and broadband services. It has an investment mandate to acquire, own, operate, and maintain mature, cash-generative pay-TV and broadband businesses in Taiwan, Hong Kong, Japan, and Singapore. Managed by APTT Management Pte. Limited, the trust aims to provide unitholders with stable and sustainable distributions.

YTD Price Performance: -25.00%

Average Trading Volume: 200

Technical Sentiment Signal: Buy

Current Market Cap: $107.5M

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