In a bourse filing, the manager said that the facility contains conditions where mandatory prepayment events may occur.
Mapletree Pan Asia Commercial Trust (MPACT) and one of its subsidiaries have obtained a loan facility of HK$600 million ($102.94 million), according to a bourse filing on March 19.
The facility is guaranteed by DBS Trustee in its capacity as a trustee of MPACT. The trust did not indicate what the loan facility would be used for.
