News

Entry Into US$75,000,000 Unsecured Loan Facilities

BackDec 13, 2019
Announcement Title General Announcement
Date & Time of Broadcast Dec 13, 2019 7:24
Status New
Announcement Sub Title Entry into US$75,000,000 Unsecured Loan Facilities
Announcement Reference SG191213OTHRVLUX
Submitted By (Co./ Ind. Name) ARA Trust Management (USH) Pte. Ltd. / Ling Hong Liang
Designation Finance Director
Description (Please provide a detailed description of the event in the box below) Please see attached.

DBS Bank Ltd. is the Sole Issue Manager for the initial public offering of the stapled securities in ARA US Hospitality Trust (the Offering ). DBS Bank Ltd., Oversea-Chinese Banking Corporation Limited and United Overseas Bank Limited are the Joint Financial Advisers and Joint Global Coordinators for the Offering. DBS Bank Ltd., Oversea-Chinese Banking Corporation Limited, United Overseas Bank Limited and Credit Suisse (Singapore) Limited are the Joint Bookrunners and Underwriters for the Offering.
Attachments
  1. Attachment 1 (Size: 157,841 bytes)