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Keppel DC REIT Raises €50 Million via 2031 Floating Rate Notes

Story Highlights
  • Keppel DC REIT issued €50 million floating rate notes due 2031 under its S$2 billion multicurrency debt programme.
  • The euro-denominated notes, guaranteed by the trustee, enhance funding flexibility and support Keppel DC REIT’s data centre growth plans.
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Keppel DC REIT Raises €50 Million via 2031 Floating Rate Notes

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Keppel DC REIT ( (SG:AJBU) ) has shared an update.

Keppel DC REIT, through its wholly owned issuing vehicle Keppel DC REIT MTN Pte. Ltd., has raised €50 million via floating rate notes due 2031 under its S$2 billion multicurrency debt issuance programme. The notes, issued on 20 February 2026 and unconditionally and irrevocably guaranteed by the REIT’s trustee, expand the trust’s funding flexibility and diversify its sources of debt capital, supporting future growth and capital management initiatives.

The transaction underscores Keppel DC REIT’s continued access to international debt markets and its ability to tap euro-denominated funding alongside its Singapore dollar framework. For unitholders and creditors, the new issuance reinforces the REIT’s balance sheet strategy and may enhance its capacity to pursue acquisitions or asset enhancements in the data centre sector while managing interest rate and currency exposure.

The most recent analyst rating on (SG:AJBU) stock is a Buy with a S$2.37 price target. To see the full list of analyst forecasts on Keppel DC REIT stock, see the SG:AJBU Stock Forecast page.

More about Keppel DC REIT

Keppel DC REIT is a Singapore-listed real estate investment trust focused on data centre assets. It invests in and manages a portfolio of income-producing data centres across multiple markets, providing critical infrastructure to support digital economy growth and aiming to deliver stable, long-term returns to unitholders.

YTD Price Performance: 2.87%

Average Trading Volume: 9,859,047

Technical Sentiment Signal: Strong Buy

Current Market Cap: S$5.52B

See more data about AJBU stock on TipRanks’ Stock Analysis page.

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