CapitaLand Ascendas REIT secures A$564.34 million credit facilities maturing in 2031

SGX Filings
Sep 15

CapitaLand Ascendas REIT Management Limited, as manager of CapitaLand Ascendas REIT, said on Sep, 15 2026 that The Trust Company (Australia) Limited, acting as trustee of Ascendas Logistics Trust, has obtained term and revolving credit facilities totaling approximately A$564.34 million, which mature in 2031.

The obligations under the new facilities are guaranteed by HSBC Institutional Trust Services (Singapore) Limited in its capacity as trustee of CapitaLand Ascendas REIT.

Loan documentation states that a change of manager without the prompt appointment of a replacement would constitute an event of default. If that occurs and outstanding sums are unpaid, cross-default provisions could be triggered across CapitaLand Ascendas REIT’s other debt facilities, potentially affecting about 8.3 billion Singapore dollars in borrowings.

The manager confirmed that no such default event has occurred to date.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10