Keppel Pacific Oak US REIT (SGX:CMOU) secured a loan facility worth $45.0 million, according to a filing with the Singapore Exchange on Monday.
The transaction is not expected to impact the REIT's financial standing for the year ending Dec. 31.
Shares of the REIT were down nearly 2% in recent trading.
Price (SGD): S$0.27, Change: S$-0.0050, Percent Change: -1.85%