Continue reading this on our app for a better experience

Open in App
Home News REITs

Starhill Global REIT enters into $75 mil loan facility

Felicia Tan
Felicia Tan • 1 min read
Starhill Global REIT enters into $75 mil loan facility
The transaction is not expected to have a material impact on the gearing of Starhill Global REIT following the refinancing. Photo: The Edge Singapore
Font Resizer
Share to Whatsapp
Share to Facebook
Share to LinkedIn
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

The manager of Starhill Global REIT P40U -

has entered into a facility agreement with an unnamed bank for a five-and-a-half-year unsecured term loan facility of $75 million.

The facility will be used to refinance part of the existing $125 million unsecured medium-term notes guaranteed by the trustee of the REIT upon its maturity in May 2023.

The transaction is not expected to have a material impact on the gearing of Starhill Global REIT following the refinancing.

Units in Starhill Global REIT closed flat at 54 cents on Feb 17.

×
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
© 2024 The Edge Publishing Pte Ltd. All rights reserved.