OTHERS SUNWAY REAL ESTATE INVESTMENT TRUST ("SUNREIT") - ACCEPTANCE OF CREDIT FACILITY GRANTED BY PUBLIC BANK BERHAD TO OSK TRUSTEES BERHAD (AS TRUSTEE FOR SUNREIT)
|SUNWAY REAL ESTATE INVESTMENT TRUST|
|Description||SUNWAY REAL ESTATE INVESTMENT TRUST ("SUNREIT")|
- ACCEPTANCE OF CREDIT FACILITY GRANTED BY PUBLIC BANK BERHAD TO OSK TRUSTEES BERHAD (AS TRUSTEE FOR SUNREIT)
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) has accepted a Revolving Loan Facility of RM1.25 billion ("the Facility") from Public Bank Berhad.
The purpose of the Facility is to partly or fully repay any issuance of the commercial papers by SunREIT Capital Berhad under the Commercial Paper Programme up to the nominal value of RM1.25 billion during the tenor of the Facility and to partly or fully repay the outstanding amount of the existing fixed rate syndicated term loan totalling RM400 million.
This announcement is dated 5 June 2012.
|Company Name||SUNWAY REAL ESTATE INVESTMENT TRUST|
|Date Announced||5 Jun 2012|