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Sasseur REIT taps RMB508 million loan from sponsor for refinancing

The Edge Singapore
The Edge Singapore  • 1 min read
Sasseur REIT taps RMB508 million loan from sponsor for refinancing
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Sasseur Cayman Holding, the sponsor of Sasseur REIT, will be giving a 5-year loan of up to RMB508 million.

The rate is pegged to China's 5-year loan prime rate.

According to Sasseur REIT, this loan is to help repay an offshore loan due next March.

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