The Business Times
business-time-50

FCOT able to refinance all borrowings

google-preferred-sourceAdd BT as a preferred source
Published Mon, Sep 15, 2014 · 10:00 PM

FRASERS Commercial Trust (FCOT) has obtained enough loan facilities to refinance all of its outstanding borrowings, most of which would have been due in the next financial year.

The commercial real estate investment trust (Reit) announced on Monday that it had obtained a S$365 million five-year syndicated term loan facility and a S$180 million three-year syndicated term loan facility.

It had also taken an A$135 million (S$154 million) four-year syndicated term loan facility.

TRENDING NOW

The new vehicles will comprise a mix of fully electric and hybrid models, including the BYD Seal 6 DM-i.

ComfortDelGro’s Zig to buy S$10 million worth of BYD cars for private-hire fleet

StarHub’s H1 Ebitda – excluding Ensign, a cybersecurity joint venture with Temasek – fell 23.8% for the period ended Jun 30.

Singapore telco price war squeezes earnings, strengthens case for StarHub-M1 deal, say analysts

Sats posted a S$75.1 million net profit for Q1, up 6% from S$70.9 million in the same year-ago period.

Sats slides 13.6% as investors dump shares on profit-margin squeeze

Handled passively, satellite connectivity becomes a service that the telco distributes, while somebody else sets the economics.

When every phone becomes a satellite phone, what happens to Asia’s telcos?

Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
View More