Lendlease Global Commercial REIT (SG:JYEU) has released an update.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Lendlease Global Commercial REIT has secured new sustainability-linked credit facilities amounting to S$560 million, aimed at refinancing its existing debts and supporting general corporate purposes. The agreements include important conditions, such as maintaining Lendlease Corporation Limited’s ownership stake and ensuring continuous management by the current manager. These strategic moves are set to strengthen LREIT’s financial position and operational flexibility.
For further insights into SG:JYEU stock, check out TipRanks’ Stock Analysis page.