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Mapletree Industrial Trust Secures New Sustainability-Linked Facility

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Mapletree Industrial Trust Secures New Sustainability-Linked Facility

Mapletree Industrial ( (SG:ME8U) ) has issued an update.

Mapletree Industrial Trust Management Ltd. has announced that DBS Trustee Limited, as trustee of Mapletree Industrial Trust, has entered into a new S$100 million sustainability-linked facility. This agreement includes conditions that, if breached, could affect S$3,764.3 million of the Trust’s debt facilities, potentially impacting its financial stability.

More about Mapletree Industrial

YTD Price Performance: -8.43%

Average Trading Volume: 1,908

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $4.39B

For a thorough assessment of ME8U stock, go to TipRanks’ Stock Analysis page.

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