Sasseur REIT's Unit Agrees on Five-Year Onshore Loan

MT Newswires

02/12

Sassuer REIT's (SGX:CRPU) unit, Hefei Sasseur Commercial Management, entered into a five-year onshore facility agreement of up to 267 million yuan, according to a Wednesday filing with the Singapore Exchange.

Shares of the REIT were down nearly 1% in Thursday trading.

Hefei Sasseur holds Sasseur (Hefei) Outlet in China.

Proceeds from the facilities will be used for early refinancing part of an existing loan due March 2028.

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