tiprankstipranks
Frasers Hospitality Trust Secures $120M Financing Deal
Company Announcements

Frasers Hospitality Trust Secures $120M Financing Deal

Frasers Hospitality Trust (SG:ACV) has released an update.

Don't Miss Our Christmas Offers:

Frasers Hospitality Trust has announced a new $120 million sustainability-linked financing facility, highlighting conditions tied to changes in management. This facility underscores the importance of maintaining stability in the management of Frasers Hospitality Real Estate Investment Trust, with specific stipulations that could trigger early settlement if breached. Investors might find this development significant as it reflects on the trust’s commitment to sustainability and sound governance.

For further insights into SG:ACV stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Singapore Auto-Generated NewsdeskFrasers Hospitality Trust Announces Board Reshuffle
Catie PowersFrasers Hospitality Trust (ACV) Announces Q4 Dividend: Save the Dates!
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App