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As of end-2021 the REITs aggregate leverage stood at 346 allowing it to have sufficient debt headroom to tap on loans to drive yield-accretive acquisitions. BEML Bags Indian Contract for 1512 T-90 MBT Mine Ploughs.
PARKWAYLIFE Reit reported a 21 per cent increase in its distribution per unit DPU to a record 1408 Singapore cents for the financial year ended Dec 31 2021 despite a small dip in gross revenue.
. Read more at The Business Times. Available credit facilities were approximately S482 million. The REITs cost of debt also remained low at just 16 while its interest coverage ratio was a very healthy 108 times.
HAL Helicopters Assist in Mauritius Reef Rescue Operations. Vietnamese Border Guard Boats to Receive CONTROP Payloads. PLA Equipment for Tank Biathlon Arrives in Russia.
Terma Grows Partnership with French Navy. This backdrop bought dollar bulls out in force -- the dollar index which measures the greenbacks value against other major currencies rose to 97120 the highest since July 2020. US ANG MQ-9s to Receive Detect Avoid System.
A day after the Fed flagged that it was ready to start lifting rates in March to contain inflation money markets moved to price in as many as five quarter-point increases by year-end.
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