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Clarification Required by Manulife US REIT Management and its Board On its Recapitalisation Plan

 Manulife US REIT(MUST) has announced its recapitalisation plan. There are 3 parts to it: (i) The sale of Park Place at US$98.7 Million to the sponsor; (ii) A sponsor granted 6 year US$137 million loan of 7.25% interest + exit fee (total equivalent of 10.7% eir) (iii) Halting of Distribution until 2025 Clarification I have […]

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