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Keppel DC REIT Secures Loan Facilities and Issues Green Bonds

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Keppel DC REIT Secures Loan Facilities and Issues Green Bonds

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Keppel DC REIT ( (SG:AJBU) ) just unveiled an announcement.

Keppel DC REIT has announced that its subsidiary, KDCR Tokyo 2 TMK, has secured loan facilities and issued green bonds, collectively termed as Debt Facilities. These financial arrangements are guaranteed by Perpetual (Asia) Limited. The agreements include conditions that could trigger mandatory prepayment if there is a change in the management structure. The potential impact of such an event could affect facilities amounting to approximately S$3,193.2 million. As of now, no such event has occurred.

The most recent analyst rating on (SG:AJBU) stock is a Buy with a S$2.50 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 real estate investment trust in Singapore, focusing on data center assets. The company is involved in acquiring, managing, and developing data centers, catering to the growing demand for digital infrastructure.

YTD Price Performance: 12.00%

Average Trading Volume: 6,761,773

Technical Sentiment Signal: Buy

Current Market Cap: S$5.78B

For detailed information about AJBU stock, go to TipRanks’ Stock Analysis page.

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