CapitaLand China Trust signs facility with change-of-manager prepayment clause

SGX Filings10-01

CapitaLand China Trust announced on Oct, 1 2025 that its trustee, HSBC Institutional Trust Services (Singapore) Limited, has entered into a facility agreement that requires early repayment if the trust ceases to be managed by CapitaLand China Trust Management Limited or an agreed successor.

If triggered and left unpaid, the clause could cause cross defaults on about 1.7 billion Singapore dollars of existing borrowings.

The trust said the prepayment event has not occurred.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment