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Suntec REIT Extends Loan Facility with HSBC Singapore

MT Newswires07-29

Suntec REIT (SGX:T82U) agreed to amend and restate an agreement with HSBC Singapore branch for a SG$100 million facility agreement, according to a Tuesday filing with the Singapore Exchange.

The amendment extends the maturity date of the facility and will be used to refinance existing indebtedness, general corporate purposes, asset acquisitions, asset enhancements and working capital.

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