MPACT Management Ltd., manager of Mapletree Pan Asia Commercial Trust, said on Jul, 29 2026 that its subsidiaries have signed a 150 million Singapore dollars multi-currency facility guaranteed by DBS Trustee Limited.
The loan agreement includes mandatory prepayment clauses that could be triggered if the manager resigns or is removed without the lender’s written consent, if a replacement manager is not appointed in line with the trust deed, or if the manager or its replacement ceases to be a wholly-owned unit of Mapletree Investments Pte Ltd.
Should any of these events occur, up to about 5.822 billion Singapore dollars of MPACT’s borrowings, including the new facility but excluding interest, could become repayable.
The company stated that none of the specified conditions have been breached as of the announcement date.