Agricultural Bank of China contributes to SGD 8 million revolving credit facility to Sasseur Real Estate Investment Trust for refinancing purposes (Linked to Record ID#102336, #102337, #102338, #102339, #102340, #102341, #102342, #102344)

Project narrative

On September 10, 2020, a syndicate of 6 banks signed a syndicated term loan agreement in the aggregate amount of SGD 214 million and USD 20 million as well as a revolving credit facility worth SGD 8 million to Sasseur Real Estate Investment Trust, a Singapore-based real estate investment trust. This was an amendment and restart to a facility agreement originally dated March 19, 2018. The facilities were set to mature on March 27, 2023. Subsidiaries of Sasseur REIT incorporated in Singapore, BVI and Hong Kong, served as guarantors. Record ID#102343 captures Agricultural Bank of China's contribution to the SGD 8 million revolving credit facility. Hang Seng Bank Limited; China CITIC Bank International Limited, Singapore Branch; Bank of China Limited, Singapore Branch; DBS Bank Ltd.; Malayan Banking Berhad, Singapore Branch; and Agricultural Bank of China Limited, Singapore Branch all served as lenders.