source: https://thefinance.sg/2024/07/24/mas-proposes-to-lower-minimum-interest-coverage-ratio-for-reits-whats-the-impact/
The Monetary Authority of Singapore (MAS) today issued a consultation paper on proposed amendments to the leverage requirements for REITs. Currently, S-REITs can borrow up to 50% of the value of its assets. The limit drops to 45% if the adjusted interest coverage ratio (ICR) falls below 2.5 times. MAS’ proposed changes are: a single […]