CapitaLand China Trust (SG:AU8U) has released an update.
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CapitaLand China Trust has entered into a significant facility agreement that could affect its borrowing arrangements if certain management changes occur. The agreement, which impacts around S$1.8 billion in borrowings, includes provisions that could trigger cross defaults under certain conditions. Currently, the specified prepayment event has not taken place, ensuring stability for now.
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