Sunway REIT to accept additional revolving loan facility of up to RM0.25 billion granted by Public Bank Berhad, in view of the near-full utilisation of the limit of the existing revolving loan facilities totaling RM1.75 billion.
With this, the total limit of the revolving loan facilities from PBB will be RM2 billion. Sunway REIT adds the latest loan facility is the same as the previous which is to partly or fully repay outstanding commercial papers issued by SUNREIT Capital Berhad, a special purpose company wholly-owned by the Trustee on behalf of SUNREIT, under the Commercial Papers Programme of up to the nominal value of RM3 billion during the tenor.
