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Parkway Life Real Estate Investment ( (SG:C2PU) ) has shared an announcement.
Parkway Life REIT has entered into a new facility agreement to refinance its existing bank borrowings and support various financial needs, including working capital and business acquisitions. This agreement includes specific conditions that could trigger prepayment obligations, potentially affecting facilities worth approximately S$918 million, highlighting the company’s strategic financial management approach to maintain operational stability.
The most recent analyst rating on (SG:C2PU) stock is a Hold with a S$4.00 price target. To see the full list of analyst forecasts on Parkway Life Real Estate Investment stock, see the SG:C2PU Stock Forecast page.
More about Parkway Life Real Estate Investment
Parkway Life Real Estate Investment Trust (Parkway Life REIT) operates within the real estate investment industry, focusing primarily on healthcare-related properties. Managed by Parkway Trust Management Limited, the company is known for its strategic investments in healthcare facilities across Asia, aiming to provide stable returns to its stakeholders.
Average Trading Volume: 952,793
Technical Sentiment Signal: Strong Buy
Current Market Cap: S$2.69B
Learn more about C2PU stock on TipRanks’ Stock Analysis page.