Sasseur REIT to refinance 2028 debt with $48.1m facility
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Sasseur Real Estate Investment Trust (REIT) has secured a five-year onshore loan facility of up to $48.1 million to refinance part of an existing loan due in March 2028. The loan, backed by Hefei outlet, aims to achieve a more competitive cost. The facility is subject to conditions, including immediate repayment if certain ownership conditions are not met. The maximum exposure is $48.1 million, excluding interest, once fully drawn.
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Source: Singapore Business Review The copyright of this article belongs to the original author/organization.
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