Capitaland India Trust (SG:CY6U) has released an update.
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CapitaLand India Trust has secured a S$50 million sustainability-linked term loan with The Bank of East Asia, which stipulates conditions that could trigger a default, potentially affecting S$1.66 billion in borrowings. The trust’s management reports that these default-triggering events have not occurred as of their latest announcement.
For further insights into SG:CY6U stock, check out TipRanks’ Stock Analysis page.
