Keppel Infrastructure (SG:A7RU) has released an update.
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Keppel Infrastructure Fund Management Pte. Ltd. has utilized approximately S$200 million in gross proceeds from its recent Placement to significantly repay its Bridge Facility and to cover associated fees and expenses. The Placement, part of the company’s strategic financial moves, restricts the offering of new units in various jurisdictions including the U.S., Malaysia, and Thailand. This strategic financial move aims to strengthen the company’s financial position and streamline its capital structure.
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