LREIT amends $120m facility into green revolving credit line

Its trustee signs an agreement to revise the multi-currency revolving facility.

Lendlease Global Commercial Trust Management Pte. Ltd., manager of Lendlease Global Commercial REIT, said its trustee, DBS Trustee Limited, has entered into an amendment and restatement agreement to revise an existing credit facility.

The agreement, signed on 23 March, amends the facility agreement originally dated 24 November 2023, according to a filing.

The revised agreement provides for multi-currency revolving facilities of up to $120m.

The facilities will be converted into sustainability-linked facilities, subject to the terms and conditions of the amended and restated agreement.

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