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MPACT Secures S$150 Million Facility with Key Conditions

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MPACT Secures S$150 Million Facility with Key Conditions

Confident Investing Starts Here:

An announcement from Mapletree Commercial ( (SG:N2IU) ) is now available.

MPACT Management Ltd. has announced a new S$150 million facility agreement guaranteed by DBS Trustee Limited for Mapletree Pan Asia Commercial Trust. This facility includes conditions that could trigger mandatory prepayment if certain management changes occur without lender consent, potentially affecting MPACT’s borrowings of approximately S$5.928 billion.

The most recent analyst rating on (SG:N2IU) stock is a Buy with a S$1.40 price target. To see the full list of analyst forecasts on Mapletree Commercial stock, see the SG:N2IU Stock Forecast page.

More about Mapletree Commercial

Mapletree Commercial is involved in the management of commercial real estate, focusing on properties across the Pan Asia region. Its primary services include managing trusts and investments in commercial properties, with a market focus on leveraging strategic locations and partnerships to enhance asset value.

Average Trading Volume: 11,062,738

Technical Sentiment Signal: Strong Sell

Current Market Cap: S$6.17B

For a thorough assessment of N2IU stock, go to TipRanks’ Stock Analysis page.

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