AI assistant
CHARTER HALL GROUP — Capital/Financing Update 2010
Sep 28, 2010
64645_rns_2010-09-28_265ce856-dde7-4b6d-970e-ed94deb7268b.pdf
Capital/Financing Update
Open in viewerOpens in your device viewer
==> picture [208 x 24] intentionally omitted <==
==> picture [208 x 23] intentionally omitted <==
==> picture [208 x 24] intentionally omitted <==
==> picture [208 x 24] intentionally omitted <==
==> picture [208 x 23] intentionally omitted <==
ASX/MEDIA ANNOUNCEMENT
CHARTER HALL DIRECT PROPERTY FUND EXTENDS DEBT FACILITIES
Wednesday, 29 September 2010
Charter Hall Group (ASX: CHC) today announced its Charter Hall Direct Property Fund (CHDPF) has consolidated two separate debt facilities, due for expiry this financial year, into a new $240 million loan facility expiring in September 2013. The new debt facility extends CHDPF’s weighted average debt expiry to three years which is an increase from 0.4 years at 30 June 2010.
Commercial terms of the debt facility, including margin, are in line with other recently negotiated refinancing transactions the Charter Hall Group has successfully completed.
Charter Hall’s Joint Managing Director, Mr David Harrison, said: “Our treasury team is pleased to have successfully negotiated this new CHDPF debt facility, following the recently announced Charter Hall Retail REIT’s five year extension of its Australian multi-currency debt facility.”
For further information, please contact:
David Harrison
David Southon
Joint Managing Director Joint Managing Director Tel: +61 412 259 751 Tel: +61 418 479 155 [email protected] [email protected]
Investor enquiries:
Kylie Ramsden
Media enquiries:
Rachel Mornington-West
Head of Listed Investor Relations Senior Communications Manager Charter Hall Charter Hall Tel: +61 2 8295 1016 Tel: +61 28908 4093 [email protected] [email protected]
==> picture [209 x 24] intentionally omitted <==
==> picture [209 x 23] intentionally omitted <==
==> picture [209 x 24] intentionally omitted <==
==> picture [209 x 24] intentionally omitted <==
==> picture [209 x 23] intentionally omitted <==
About the Charter Hall Group:
Charter Hall Group is a property funds management and development company, based in Sydney with offices in Melbourne, Brisbane, Perth, Adelaide, Chicago and Warsaw. Established in 1991 and listed on the ASX in 2005 as a stapled security under the code CHC, Charter Hall Group combines Charter Hall Limited with Charter Hall Property Trust, which owns and/or manages $10.2 billion in real estate assets. The Charter Hall Group has achieved a solid track record across its activities demonstrating a 19 year history of managing wholesale and retail capital, making it one of Australia’s leading property fund managers. Charter Hall’s success has been underpinned by a highly skilled and motivated management team with diverse expertise across property sectors and risk-return profiles.