Far East Hospitality Trust seals S$101.4 million sustainability-linked loan with change-of-control clauses

SGX Filings
2025/12/11

Far East Hospitality Trust said its trustee DBS Trustee Limited has entered into a 101.4 million Singapore dollars sustainability-linked facility agreement with an institutional bank on Dec, 11 2025.

The loan terms allow the lender to demand full repayment if any of the following occur without prior consent: the REIT manager is no longer majority-owned by Far East Organization or the immediate family of the late Ng Teng Fong; their collective stake in the stapled securities falls below 30 percent; or the REIT manager resigns or is removed without an approved replacement.

Should such a change-of-control event trigger cross defaults, up to 747.1 million Singapore dollars of the trust’s other borrowings could be affected. The managers reported no breaches of these conditions as of the announcement date.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10