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Mapletree Commercial ( (SG:N2IU) ) has issued an announcement.
MPACT Management Ltd., as the manager of Mapletree Pan Asia Commercial Trust, has entered into a HK$600 million term loan facility, guaranteed by DBS Trustee Limited. This facility includes conditions that could trigger mandatory prepayment events, potentially affecting borrowings totaling approximately S$5,983.9 million if certain managerial or ownership changes occur, underscoring the importance of stable management and ownership structures for the trust’s financial operations.
More about Mapletree Commercial
Mapletree Commercial, managed by MPACT Management Ltd., operates in the real estate investment sector, focusing on commercial properties across Asia, with a strategic aim to optimize and manage assets for stakeholders.
YTD Price Performance: 1.59%
Average Trading Volume: 29,012
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $4.65B
See more insights into N2IU stock on TipRanks’ Stock Analysis page.
