Starhill Global Real Estate Investment (SG:P40U) has released an update.
Starhill Global Real Estate Investment Trust has successfully renegotiated a S$50 million revolving credit facility, extending it for an additional five years from September 30, 2024. The credit facility is unsecured and committed, with the provision that the lender can demand repayment if the current management or its majority shareholder’s control changes. As of now, no such change in control has occurred, ensuring financial stability for the REIT.
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