The onshore facility, also coordinated by DBS Bank China and UOB China, is for up to RMB745.5 million consisting of two term loan facilities of RMB702.0 million and RMB43.5 million.
On May 31, EC World REIT's manager announced its offshore facility and onshore facility have been extended.
The offshore facility agreement dated May 31, with various banks, coordinated by DBS Bank and United Overseas Bank. is up to $348.9 million comprising of a multicurrency term loan facility of up to $321.9 million, a Singapore dollar term loan facility of up to $15.5 million, and a multicurrency term loan facility of up to $12.5 million.
