CapitaLand China Trust (CLCT) announced that its trustee, HSBC Institutional Trust Services (Singapore), entered into a facility agreement on Oct, 9 2025 that requires immediate prepayment if CLCT ceases to be managed by CapitaLand China Trust Management or another approved subsidiary of CapitaLand Investment.
If this prepayment event is triggered and the outstanding sums are not repaid, cross-default provisions could be set off against other group borrowings amounting to about 1.6 billion Singapore dollars, excluding interest, as of the agreement date.
The trust confirmed that no prepayment event has occurred to date.
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