Charter Hall Long WALE REIT Interest Expense Hedged

Talk to us

Thanks for your interest in Charter Hall. Fill in your details below and we’ll get back to you as soon as possible.

First Name*

Last Name*

Company Name

Email*

Phone* Please prefix the number with +<country code><area code>

I am interested in

Office Industrial Retail Diversified Social Infrastructure

Enquiry

*Indicates that this field is required.

All personal information submitted will be treated in accordance with our privacy policy.

By registering and/or submitting personal data to Charter Hall, you agree that, where it is permitted by law and in accordance with our Privacy Statement or where you have agreed to receive communications from us, Charter Hall may use this information to notify you of our products and services and seek your feedback on our products and services. Please note you can manually opt out of any communications.

To access this part of the website, please select your country of residence from the following list.

The country of my primary residence is:

Due to legal restrictions, access to this website is only available to residents of Australia and New Zealand from within Australia or New Zealand. In order to access this website, you must provide the State, Territory or Province and postcode for your primary residential address within Australia or New Zealand.

The State or Territory of my primary residence in Australia or the Province of my primary residence in New Zealand is:

The postcode for my primary residence in Australia is:

Proceed

The State or Territory of my primary residence in Australia or the Province of my primary residence in New Zealand is:

The postcode for my primary residence in New Zealand is:

Proceed

By proceeding you confirm that you are a resident of Australia or New Zealand accessing this website from within Australia or New Zealand and you represent, warrant and agree that:

you are not in the United States or a “U.S. person”, as defined in Regulation S under the U.S. Securities Act of 1933, as amended (“U.S. Person”), nor are you acting for the account or benefit of a U.S. Person;
you will not make a copy of the documents on this website available to, or distribute a copy of such documents to, or for the account or benefit of, any U.S. Person or any person in any other place in which, or to any other person to whom, it would be unlawful to do so; and
the state, territory or province and postcode provided by you below for your primary residence in Australia or New Zealand are true and accurate.

I agree to the above terms Yes or No.

Unfortunately, legal restrictions prevent us from allowing you access to this website. If you have any questions, please contact us by e-mail by clicking on the link below.

Charter Hall WALE Limited (“CHWL”) as responsible entity of each of LWR Finance Trust, Charter Hall Direct Industrial Fund, Canning Vale Logistics Trust No. 1, 218 Bannister Road Trust, CPOF Kogarah Holding Trust, Franklin Street Property Trust, and CHPT Dandenong Trust (together, Charter Hall Long WALE REIT) (ASX:CLW) today announced that it has entered into a $140 million five-year interest rate swap at a rate of 2.14%.

The resulting forecast average interest rate under the REIT’s Debt Facility (defined in the Product Disclosure Statement dated 27 September 2016) is expected to be 3.7% on drawn amounts for the period from 10 November 2016 until the end of the 1H FY18, which is consistent with the forecast provided in the Supplementary Product Disclosure Statement dated 27 October 2016. The proportion of hedged balance sheet debt for the REIT is 58%, with the proportion of hedged look through debt being 66%.