Sasseur Real Estate Investment Trust (SG:CRPU) has released an update.
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Sasseur Real Estate Investment Trust has entered into a supplementary agreement to extend the maturity of its Sponsor Loan by five years to 2030, with a floating interest rate linked to China’s 5-year Loan Prime Rate. This agreement highlights the sponsor’s ongoing financial support and is expected to bring cost savings for the REIT. The transaction remains within regulatory thresholds and has been deemed fair and beneficial by the Audit and Risk Committee.
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