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Blog Archive

Friday, 9 December 2011

K-Reit subsidiary obtaining financing, why?

A wholly-owned subsidiary of K-REIT Asia, K-REIT Fin. Company Pte. Ltd.
has obtained the Loan Facilities secured with a corporate guarantee by
RBC Dexia Trust Services Singapore Limited in its capacity as trustee of
K-REIT Asia.

An aggregate of S$450 million Term Loan Facilities and a S$100 million
Revolving Credit Facility obtained by K-REIT Fin. Company Pte. Ltd. as
borrower ("Loan Facilities") on 8 December 2011.

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