ESR-REIT Management, manager of ESR-LOGOS REIT (SGX:J91U), said trustee Perpetual (Asia) Ltd. has entered into a facility agreement with Australia and New Zealand Banking Group's Singapore branch for standby letters of credit and demand guarantees of up to SG$20 million, according to a Thursday filing on the Singapore Exchange.
The facility, which will be used for general corporate and working capital needs, carries a two-year tenor for each instrument and is unsecured. An event of default may be triggered if ESR Group ceases to hold at least 50.1% of the manager's issued share capital or if the manager is removed without lender consent.
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。