Mapletree Commercial ( (SG:N2IU) ) has issued an announcement.
MPACT Management Ltd., manager of Mapletree Pan Asia Commercial Trust (MPACT), has entered into a HK$600 million facility agreement guaranteed by DBS Trustee Limited. This agreement contains conditions that could trigger a mandatory prepayment event if specific managerial changes occur without lender consent. The facility aims to refinance MPACT’s existing borrowings, potentially affecting S$5,972.7 million in loans if fully utilized.
More about Mapletree Commercial
YTD Price Performance: -0.80%
Average Trading Volume: 28,912
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $4.63B
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