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Keppel DC REIT Secures S$100 Million Green Loan Facility

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An announcement from Keppel DC REIT ( (SG:AJBU) ) is now available.

Keppel DC REIT has announced that its subsidiary, Keppel DC REIT Fin. Company Pte. Ltd., has secured a S$100 million Green Loan Facility. This facility is guaranteed by Perpetual (Asia) Limited and includes conditions that could trigger a mandatory prepayment if there is a change in the management structure. The announcement highlights potential financial implications for the company, as a mandatory prepayment event could affect approximately S$2,647.8 million in facilities, though this event has not yet occurred.

More about Keppel DC REIT

Keppel DC REIT is a real estate investment trust based in Singapore, focusing on the data center industry. It primarily invests in a diversified portfolio of income-producing real estate assets used primarily for data center purposes, catering to the growing demand for data storage and processing facilities.

YTD Price Performance: 11.38%

Average Trading Volume: 299

Technical Sentiment Signal: Sell

Current Market Cap: $3.44B

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

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