Stoneweg EREIT Management Pte. Ltd. (as REIT manager of Stoneweg European Real Estate Investment Trust and Stoneweg EBT Management Ptd. Ltd., as the Trustee-manager of Stoneweg European Business Trust) of Stoneweg Europe Stapled Trust announced the successful extension of its EUR 160 million interest rate hedge from November 30, 2026 to November 30, 2028.
This proactive execution further strengthened SERT?s balance sheet by enhancing downside protection and providing high visibility over interest costs amid a volatile geopolitical environment. The hedge extension built on last year?s successful refinancing of EUR 900 million of debt, which was completed well ahead of maturity. SERT had no material debt maturities until 2030, and with approximately 94% of its interest exposure now hedged for close to two years, SERT had now insulated its cash flows from ongoing market uncertainty.
Supported by two investment-grade ratings of BBB from Fitch Ratings and BBB- from S&P Global Ratings, the Trust was well-positioned to weather the current market volatility with a resilient and well-structured capital profile.
