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Increase of the SA Corporate Group’s loan-to-value (“LTV”) covenant

Published: 2021-11-09 13:55:00 ET
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SA Corporate Real Estate Fund Limited (JSE:SAC) News - Increase of the SA Corporate Group’s loan-to-value (“LTV”) covenant

SA Corporate Real Estate Limited
(Incorporated in the Republic of South Africa)
(Registration number 2015/015578/06)
Share code: SAC     ISIN: ZAE000203238
(Approved as a REIT by the JSE)
("SA Corporate" or “the Company”)

INCREASE OF THE SA CORPORATE GROUP’S LOAN-TO-VALUE (“LTV”)
COVENANT

Shareholders are advised that SA Corporate’s lenders have all approved a
permanent increase of the SA Corporate Group’s corporate LTV covenant from
45% to 50%. All other lenders’ debt covenants remain unchanged.

9 November 2021
Cape Town

Sponsor: Nedbank Corporate and Investment Banking, a division of Nedbank
Limited

Date: 09-11-2021 03:55:00
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