REIT Oracle

EC World Extends Debt Maturity

in Company news

As pure Chinese REITs are struggling with refinancing, EC World REIT announces having successfully extended the maturity of its debt facilities to April 30 2023:

Regarding the repayment of at least 25 per cent of the facilities by the end of this year, the manager said it is studying various options to raise funds, including the potential divestments of non-core assets.