Frasers Centrepoint Trust (SGX:J69U) has secured a SG$200 million green term loan and revolving credit facility from United Overseas Bank (SGX:U11), according to a Wednesday filing to the Singapore Exchange.
HSBC Institutional Trust Services is acting as trustee for the loan, with Causeway Point Property and Hougang Mall as co-borrowers.
Under the loan agreement, a breach of the terms could trigger mandatory prepayment and potentially cross-defaults affecting about SG$2.74 billion of the trust's other facilities.
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