Keppel REIT Secures Major Loan Facility
Company Announcements

Keppel REIT Secures Major Loan Facility

Keppel (SG:K71U) has released an update.

Keppel REIT has secured a substantial Loan Facility, guaranteed by HSBC Institutional Trust Services (Singapore), which is conditional upon maintaining Keppel Capital Holdings or Keppel Ltd. as the manager. If a Review Event occurs, where a new manager is not appointed as stipulated, the lender may demand full repayment within 15 business days. Currently, the Review Event has not taken place, and Keppel REIT’s total facilities at risk in such an event amount to approximately S$2.687 billion.

For further insights into SG:K71U stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Singapore Auto-Generated NewsdeskKeppel REIT Launches A$50 Million Green Notes
TipRanks Singapore Auto-Generated NewsdeskKeppel REIT Boosts Unit Holdings with Fee Payment
TipRanks Singapore Auto-Generated NewsdeskKeppel REIT Issues Units as Management Fees
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App