Frasers Hospitality Trust (SG:ACV) has released an update.
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Frasers Hospitality Trust has announced a new $120 million sustainability-linked financing facility, highlighting conditions tied to changes in management. This facility underscores the importance of maintaining stability in the management of Frasers Hospitality Real Estate Investment Trust, with specific stipulations that could trigger early settlement if breached. Investors might find this development significant as it reflects on the trust’s commitment to sustainability and sound governance.
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