Keppel Infrastructure (SG:A7RU) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Keppel Infrastructure Trust has secured a S$75 million revolving credit facility with specific conditions tied to changes in its trustee-manager’s ownership or management. If Keppel Capital Holdings or Keppel Ltd. ceases to have control, or if the trustee-manager resigns or is removed without a suitable replacement, the loan must be repaid immediately. This move highlights Keppel’s strategic financial maneuvering to safeguard its infrastructure investments.
For further insights into SG:A7RU stock, check out TipRanks’ Stock Analysis page.
