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Mapletree Commercial trustee signs agreement to extend tenure of S$200M facility

Mapletree Commercial Trust's trustee, DBS Trustee Ltd., entered into a supplemental agreement to extend to 2023 the maturity of the trust's S$200 million facility.

The bilateral five-year loan facility was obtained in January 2014. The trust said all other principal clauses in the facility agreement remain unchanged.

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