- ESR-REIT’s trustee entered into a SGD 300 million sustainability-linked unsecured term loan and revolving credit facility agreement with DBS and OCBC.
- The facilities comprise a SGD 150 million term loan and a SGD 150 million revolving credit facility.
- Proceeds will be used for general corporate purposes, including refinancing and funding acquisitions and asset enhancements.
- The term loan terminates 60 months after its first utilisation date, while the revolving facility terminates 24 months after its first utilisation date.
- The agreement includes provisions allowing lenders to review terms and potentially cancel commitments or require repayment if the manager is replaced without lender consent or if ESR Group’s stake in the manager falls below 50.1%.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ESR-REIT published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: URZH6XXHKSDF6E2O) on March 19, 2026, and is solely responsible for the information contained therein.
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