Keppel Pacific Oak US REIT Secures US$115 Million Term Loan with Change-of-Control Covenants

Keppel Pacific Oak US REIT ( (SG:CMOU) ) has provided an update.

Keppel Pacific Oak US REIT has secured a new US$115 million term loan facility via a facility agreement dated 30 December 2025, with Perpetual (Asia) Limited, in its capacity as trustee, as the borrower. The loan includes change-of-control style covenants requiring full repayment within 10 business days if there is a change of manager of the REIT or if Keppel Ltd., Pacific Oak Capital Advisors LLC and KORE Pacific Advisors Pte. Ltd. collectively cease to own all the issued share capital of the manager, and similar provisions apply across about US$820 million of the REIT’s facilities; the manager stated that none of these conditions has been breached as at the date of the announcement, underscoring the importance of ownership and management stability for its capital structure and lenders.

The most recent analyst rating on (SG:CMOU) stock is a Buy with a $0.40 price target. To see the full list of analyst forecasts on Keppel Pacific Oak US REIT stock, see the SG:CMOU Stock Forecast page.

More about Keppel Pacific Oak US REIT

Keppel Pacific Oak US REIT is a Singapore-listed real estate investment trust that invests primarily in income-producing commercial properties in the United States, managed by Keppel Pacific Oak US REIT Management Pte. Ltd. with Perpetual (Asia) Limited acting as trustee. Its sponsorship and management structure involve Keppel Ltd., Pacific Oak Capital Advisors LLC and KORE Pacific Advisors Pte. Ltd., which collectively own the REIT’s manager.

Average Trading Volume: 725,830

Technical Sentiment Signal: Buy

Current Market Cap: $245.4M

See more insights into CMOU stock on TipRanks’ Stock Analysis page.