Frasers Logistics & Commercial Trust has signed a USD 200 million loan agreement dated Jun, 16 2026 with The Hongkong and Shanghai Banking Corporation Limited, Singapore Branch.

Under the terms, a mandatory prepayment will be required if, without the lender’s prior written consent, the trust’s manager resigns or is removed without a Monetary Authority of Singapore-approved replacement, or if Frasers Property Limited’s stake in the manager falls below 50 percent.

Should such a change of manager occur, the borrower must promptly notify the lender, new drawdowns will be suspended, and the parties will have up to 30 days to negotiate amended terms. Failing agreement, the lender can cancel the facility with five business days’ notice and demand immediate repayment of all outstanding amounts.

The specified events have not occurred. If they did and repayment was not made, cross-default provisions could affect up to about 2.41 billion Singapore dollars of the trust’s other facilities in place as of Jun, 16 2026.