trending Market Intelligence /marketintelligence/en/news-insights/trending/7e6h7pflzle4g0tp3ecojw2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Ascendas REIT secures S$200M revolving credit facility

Gauging Supply Chain Risk In Volatile Times

The Commercial Real Estate CRE Sector Feels the Impact of the Coronavirus

Credit Analytics Case Study Poundworld Retail Ltd

Segment

IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help


Ascendas REIT secures S$200M revolving credit facility

Ascendas Real Estate Investment Trust obtained a S$200 million committed revolving credit facility maturing in 2021 via its trustee, HSBC Institutional Trust Services (Singapore) Ltd.

The industrial REIT will use the facility, which was secured without a collateral, to refinance its existing borrowings, according to a release.

An event of a default will occur if the company's manager, Ascendas Funds Management (S) Ltd., resigns, is removed or is no longer the manager or the replacement manager of Ascendas REIT. If a default takes place, a total of S$3.61 billion of facilities, debt issues and borrowings will be affected.

As of March 27, US$1 was equivalent to S$1.31.