Keppel Pacific Oak US REIT Bags US$115,000,000 Loan Facility
Keppel Pacific Oak US REIT Bags US$115,000,000 Loan Facility
Under the agreement, Keppel Pacific Oak US REIT must pay all outstanding loans immediately if its manager ceases to be the manager.The loan facility was obtained through a facility agreement on 19 July.
该贷款设施是在7月19日通过设施协议获得的。
Perpetual Asia Ltd. (PAL), Keppel Pacific Oak US REIT's trustee, has secured an option to extend a US$115,000,000 unsecured term loan facility for a period of 12 months from the maturity date.
Perpetual Asia Ltd. (PAL)，Keppel Pacific Oak US REIT的受托人，已获得一项选择权，可以将一项1.15亿美元的无担保期限贷款设施期限延长12个月。
The loan facility was obtained through a facility agreement on 19 July.
该贷款设施是在7月19日通过设施协议获得的。
Under the agreement, Keppel Pacific Oak US REIT must pay all outstanding loans immediately if its manager ceases to be the manager.
根据协议，如果Keppel Pacific Oak US REIT的经理停止担任经理，该公司必须立即支付所有未偿还贷款。
The company must also make this mandatory prepayment if Keppel Ltd. and its subsidiaries, Pacific Oak Capital Advisors LLC and its subsidiaries, or KORE Pacific Advisors Pte. Ltd. no longer collectively own all the issued share capital of the Manager.
如果Keppel Ltd.及其子公司，Pacific Oak Capital Advisors LLC及其子公司，或KORE Pacific Advisors Pte. Ltd.不再共同拥有经理的全部已发行股份，则该公司还必须进行强制预付款。
The mandatory prepayment event could trigger a cross default on other borrowings of Keppel Pacific Oak US REIT and its subsidiaries. As of 19 July, this could affect approximately US$695m ($934m) in other facilities, excluding interest and fees.
如果强制预付款事件发生，则可能会触发Keppel Pacific Oak US REIT及其子公司其他借款的跨期违约。截至7月19日，这可能涉及其他设施的约6,950万美元（不包括利息和费用）。