CapitaLand Ascott Trust said on Jan, 15 2026 that it has amended a revolving credit facility of up to 70 million Singapore dollars with United Overseas Bank Limited.

Under the revised agreement, a mandatory prepayment will be triggered if CapitaLand Ascott Trust Management Limited ceases to be a wholly owned unit of CapitaLand Investment Limited or is replaced as manager of CapitaLand Ascott Real Estate Investment Trust.

If either event occurs, the lender can cancel the facility and demand immediate repayment of all outstanding amounts. A default could also cause cross-defaults on other borrowings, potentially affecting about 3.2 billion Singapore dollars of the trust’s existing debt as of Jan, 15 2026.

The manager said no breaches of these conditions have occurred to date.