Pursuant to Part C of Chapter 9, Paragraph 9.04 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of Sunway REIT Management Sdn Bhd (as Manager for SunReit) wishes to announce that OSK Trustees Berhad (as Trustee for SunReit) ("Trustee") has accepted a 3-year Commodity Murabahah Financing-i-2 Facility (“the Facility”) of up to USD100 million from HSBC Amanah Malaysia Berhad and a cross currency swap facility from HSBC Bank Malaysia Berhad. The Trustee has entered into the cross currency swap to fully hedge the foreign exchange and interest rate exposures of the Facility. The purpose of the Facility, which bears a lower interest rate, is to partially refinance some of the current borrowings of SunReit.
This announcement is dated 3 February 2012.