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United Hampshire US REIT Secures $350 Million Loan Refinancing, Extends Debt Maturity

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United Hampshire US REIT Secures $350 Million Loan Refinancing, Extends Debt Maturity

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United Hampshire US Real Estate Investment Trust ( (SG:ODBU) ) has provided an announcement.

United Hampshire US REIT has successfully completed a US$350 million loan refinancing, extending its debt maturity to 2029 and beyond. This refinancing includes a US$100 million revolving credit facility and a new delayed draw term loan, which may be used for acquisitions or refinancing existing loans. The move underscores the company’s strong banking relationships and enhances its financial flexibility, with no significant refinancing needs until 2028.

The most recent analyst rating on (SG:ODBU) stock is a Hold with a $0.50 price target. To see the full list of analyst forecasts on United Hampshire US Real Estate Investment Trust stock, see the SG:ODBU Stock Forecast page.

More about United Hampshire US Real Estate Investment Trust

United Hampshire US Real Estate Investment Trust (UHREIT) operates in the real estate investment sector, focusing on acquiring and managing a portfolio of income-producing properties in the United States. The company primarily deals with retail and commercial real estate assets, aiming to provide stable and growing cash distributions to its stakeholders.

Average Trading Volume: 284,073

Technical Sentiment Signal: Buy

Current Market Cap: $305.8M

See more insights into ODBU stock on TipRanks’ Stock Analysis page.

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