According to the manager, the proceeds of the term loan facility will go towards general corporate funding purposes, including but not limited to refinancing of existing indebtedness, funding asset acquisitions and general working capital purposes.
The manager of ESR-LOGOS REIT (SGX:J91U
) (E-LOG) says the REIT’s trustee, Perpetual (Asia) Limited, has entered into a $225 million unsecured sustainability-linked term loan facility agreement, according to an Oct 17 bourse filing.
The Singapore branches of CIMB Bank Berhad, Malayan Banking Berhad, RHB Bank Berhad, Sumitomo Mitsui Banking Corporation, and The Hongkong and Shanghai Banking Corporation have been appointed as lead arrangers, bookrunners and original lenders of the term loan facility. The Hongkong and Shanghai Banking Corporation Limited, Singapore branch, has also been appointed as facility agent and sustainability coordinator.
