YTL Starhill Global REIT Enters New Loan Facility Agreement

April 7, 2021 – YTL Starhill Global REIT announced that it has entered into a five and a half year unsecured facility agreement with two banks for a term loan facility of A$100 million (US76.47 million).

The Facility will be used to:

(i) fully refinance the remaining A$80 million term loan secured against Myer Centre Adelaide ahead of its maturity in November 2021 (the “Refinancing”), and

(ii) working capital requirements and/or general corporate funding purposes of Starhill Global REIT, including debt repayments, asset enhancement works, capital expenditure and/or acquisitions. 

Read more here..

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