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.
For further insights into SG:AU8U stock, check out TipRanks’ Stock Analysis page.