Mapletree Logistics Trust (SG:M44U) has released an update.
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Mapletree Logistics Trust’s subsidiary has secured a loan with specific conditions ensuring MLTM remains the manager or stays under Mapletree Investments Pte Ltd’s ownership. A breach of these terms could mandate a prepayment of the S$5,883 million debt, of which S$4,838 million is currently outstanding. However, as of the announcement, no such breach has occurred.
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