Sasseur REIT Secures Green Facility

MT Newswires05-15

Sasseur REIT (SGX:CRPU) entered into a secured green facility agreement with OCBC Bank Chongqing Branch of up to 308 million yuan for a ten-year tenure, according to a filing with the Singapore Exchange on Wednesday.

Proceeds will be used to refinance an existing sponsor loan due in March 2030.

This is the REIT's first green loan.

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