CapitaLand Ascendas REIT (SG:A17U) has released an update.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
CapitaLand Ascendas REIT has announced that its subsidiary, Ascendas US REIT LLC, has secured a $280 million revolving credit facility maturing in 2030. The facility is guaranteed by HSBC Institutional Trust Services and includes a default clause if the current manager is removed without a replacement. This credit facility impacts approximately S$6.6 billion in borrowings, underscoring the significant financial maneuvers involved.
For further insights into SG:A17U stock, check out TipRanks’ Stock Analysis page.
Trending Articles
- Nike Q2 Earnings Preview: Analysts Expect a Decline in Earnings and Sales
- Salesforce Hits 1,000 Agentforce Deals, Launches Agentforce 2.0
- Starbucks’ Union Threatens Strike at the 11th Hour
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
