Download Full Report - Ascendas REIT
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Investment Properties Portfolio Statement<br />
As at 31 March 2010<br />
* Portfolio 1 – properties pledged as security for the credit facilities granted by Emerald Assets Limited in relation<br />
to the term loan of $300 million. These properties have been discharged from the mortgage to Emerald Assets<br />
Limited from August 2009, after the repayment of the $300 million term loan (see note 14).<br />
% Portfolio 2 – properties pledged as security for the credit facilities granted by Emerald Assets Limited in relation<br />
to the term loan of $350 million. These properties have been discharged from the mortgage to Emerald Assets<br />
Limited from March 2010, after the early redemption of the $350 million term loan (see note 14).<br />
@<br />
^<br />
&<br />
Portfolio 3 – properties pledged as security for the credit facilities granted by Emerald Assets Limited in relation<br />
to the term loan of $395 million (see note 14).<br />
These properties were pledged as security for the credit facilities granted by Emerald Assets Limited in relation<br />
to the term loan of $300 million. After the repayment of the $300 million term loan in August 2009, these<br />
properties were included in Portfolio 3 to pledge as security for the credit facilities of the $395 million term loan<br />
(see note 14).<br />
These properties were pledged as security for the credit facilities granted by Emerald Assets Limited in relation<br />
to the term loan of $395 million. However, these properties have been discharged from the mortgage to Emerald<br />
Assets Limited from August 2009, due to restructuring of security mortgage with Emerald Assets Limited, after<br />
the repayment of the $300 million term loan (see note 14).<br />
# Portfolio CL – These properties were pledged as security for the credit facilities granted by Emerald Assets<br />
Limited in relation to the term loan of $350 million. After the early redemption of the $350 million term loan, these<br />
properties were discharged from the mortgage to Emerald Assets Limited and pledged as security for the credit<br />
facilities granted by Ruby Assets Pte. Ltd. in relation to the collateral loan of $300 million (see note 14 and 15).<br />
The accompanying notes form an integral part of these financial statements.<br />
8th Annual <strong>Report</strong> FY09/10<br />
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