ESR-REIT (SG:J91U) has released an update.
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ESR-LOGOS REIT has secured a SGD 200,000,000 sustainability-linked unsecured revolving credit facility, marking the company’s first foray into sustainability-linked financing. The funds from this facility will be allocated to various corporate needs, such as refinancing debt, funding acquisitions, and general working capital. This strategic financial move involves multiple leading banks as arrangers, lenders, and coordinators.
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