Keppel DC REIT Secures S$300 Million Loan Facilities with Strategic Conditions

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Keppel DC REIT Secures S$300 Million Loan Facilities with Strategic Conditions

The latest update is out from Keppel DC REIT ( (SG:AJBU) ).

Keppel DC REIT has announced that its subsidiary, Keppel DC REIT Fin. Company Pte. Ltd., has secured two loan facilities totaling S$300 million, guaranteed by Perpetual (Asia) Limited. These facilities include a revolving credit facility and a revolving green credit facility, with specific conditions related to changes in management or shareholding. The announcement highlights the potential financial implications if certain prepayment events occur, which could affect approximately S$2,578.0 million in utilized and unutilized facilities.

More about Keppel DC REIT

Keppel DC REIT is a real estate investment trust based in Singapore, focusing on data center properties. The company provides investors with opportunities to invest in a diversified portfolio of income-producing real estate assets used primarily for data center purposes.

YTD Price Performance: -20.66%

Average Trading Volume: 455

Technical Sentiment Signal: Buy

Current Market Cap: $3.62B

Find detailed analytics on AJBU stock on TipRanks’ Stock Analysis page.

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