HSBC Institutional Trust Services (Singapore) has signed a $155m revolving credit facility agreement with Oversea-China Banking Corporation for Frasers Centrepoint Trust. The agreement includes specified conditions for mandatory prepayment if certain events occur. If these conditions are not met, a cross-default may occur affecting facilities estimated at $1,708.5m.
HSBC Institutional Trust Services (Singapore) has signed a $155m revolving credit facility agreement with Oversea-China Banking Corporation for Frasers Centrepoint Trust . The agreement includes specified conditions for mandatory prepayment if certain events occur.
If these conditions are not met, a cross-default may occur affecting facilities estimated at $1,708.5m.
HSBC Credit Facility Agreement OCBC Frasers Centrepoint Trust Mandatory Prepayment Cross-Default
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