Starhill Global Real Estate Investment (SG:P40U) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
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.
For further insights into SG:P40U stock, check out TipRanks’ Stock Analysis page.
