Manulife US REIT (SG:BTOU) has released an update.
Manulife US REIT has successfully paid down $50 million of its debt from its own cash reserves, following its previously announced restructuring plan aimed at reducing overall leverage. This repayment is a continuation of the trust’s strategic financial management, which previously saw a repayment of $235 million in December 2023. This move demonstrates Manulife US REIT’s ongoing commitment to strengthening its balance sheet and financial position.
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