Digital Core REIT (SG:DCRU) has released an update.
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Digital Core REIT has secured a significant loan package totaling around US$716 million to refinance existing debts and for other corporate purposes. The new financial arrangement includes a mix of term and revolving loan facilities with varying maturity dates up to 2030. The loans are subject to specific conditions, including maintaining certain ownership and control structures with their parent company, Digital Realty Trust, L.P.
For further insights into SG:DCRU stock, check out TipRanks’ Stock Analysis page.