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Mapletree Industrial ( (SG:ME8U) ) just unveiled an announcement.
Mapletree Industrial Trust has secured a new US$100 million sustainability-linked facility, which includes conditions that could impact its debt facilities if breached. The potential breach could affect S$3,882.4 million in debt facilities, highlighting the importance of maintaining management continuity and alignment with its sponsor, Mapletree Investments.
More about Mapletree Industrial
Mapletree Industrial Trust is a Singapore-based real estate investment trust that focuses on industrial properties. It is managed by Mapletree Industrial Trust Management Ltd. and sponsored by Mapletree Investments Pte Ltd.
YTD Price Performance: -6.63%
Average Trading Volume: 1,917
Technical Sentiment Signal: Buy
Current Market Cap: $4.49B
See more insights into ME8U stock on TipRanks’ Stock Analysis page.