ASX:CHCREITs
Charter Hall Group (ASX:CHC) Is Up 6.7% After Extending Debt Maturity And Upgrading Earnings Guidance
Charter Hall Group has recently completed a major A$2.00 billion secured debt refinancing, extending its average debt maturity from 2.7 years to 4.3 years and reducing its weighted average credit margin while keeping gearing within a 25%–35% target range.
Alongside this refinancing, Charter Hall has upgraded its earnings guidance on the back of strong capital inflows across its diversified property and funds management platform, highlighting how effective access to capital is reinforcing its...