Mapletree Industrial Trust Details New Loan Facility with Change-of-Control Clause
SGX Filings
Jul 01
Mapletree Industrial Trust announced on Jul, 1 2026 that its subsidiaries have signed a new loan facility agreement, guaranteed by DBS Trustee Limited.
The agreement contains change-of-control conditions similar to those in the trust’s existing debt arrangements. If the present manager resigns or is removed without a properly appointed replacement, or if the manager ceases to be a wholly owned unit of sponsor Mapletree Investments Pte Ltd, lenders may cancel undrawn commitments and noteholders can demand immediate repayment.
Up to 3.03 billion Singapore dollars of existing loan and note facilities could be accelerated under these conditions. The trust said no breach of the conditions has occurred to date.
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