Frasers Logistics & Commercial Trust (BUOU) said on May, 26 2026 that its trustee, Perpetual (Asia) Limited, has signed a 200 million Singapore dollars sustainability-linked loan agreement with United Overseas Bank Limited.

The facility includes a mandatory prepayment clause that is triggered if, without the lender’s consent, Frasers Logistics & Commercial Asset Management Pte. Ltd. resigns or is removed as manager and is not replaced by a Monetary Authority of Singapore-approved substitute, or if Frasers Property Limited’s stake in the manager falls below 50%.

Should such a change occur, the borrower must notify the lender, who may suspend further drawdowns, enter 30-day negotiations on revised terms, and, failing agreement, cancel the facility and demand immediate repayment of outstanding amounts.

The trust added that none of these events has taken place. If they were to occur and cause cross defaults, about 2.4161 billion Singapore dollars of other FLCT facilities could be affected, excluding undrawn commitments and potential future issuances under existing debt programmes.