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Mapletree Commercial ( (SG:N2IU) ) has shared an update.
MPACT Management Ltd., managing Mapletree Pan Asia Commercial Trust, has entered into two significant facility agreements totaling S$70 million and HK$1 billion. These agreements, guaranteed by DBS Trustee Limited, include conditions that could trigger mandatory prepayment events, potentially affecting borrowings of approximately S$6.135 billion. The move is aimed at refinancing and reducing existing borrowings, highlighting MPACT’s strategic financial management and its implications for stakeholders.
More about Mapletree Commercial
Mapletree Commercial Trust is a company based in Singapore, operating in the real estate investment sector. It focuses on managing and investing in commercial properties across Asia, with a strong emphasis on strategic partnerships and financial management.
YTD Price Performance: 4.43%
Average Trading Volume: 4,635
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $4.75B
For detailed information about N2IU stock, go to TipRanks’ Stock Analysis page.
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