Elite Commercial REIT (SG:MXNU) has released an update.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Elite Commercial REIT has secured a £80 million funding facility through its subsidiaries to refinance existing loans, with the agreement including provisions for lender protection in specific events such as changes in management control or trustee status. The facility spans a term of 39 months and emphasizes the company’s strategic financial management to maintain stability and growth.
For further insights into SG:MXNU stock, check out TipRanks’ Stock Analysis page.