Keppel DC REIT (SG:AJBU) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Keppel DC REIT has announced the interim use of S$265.4 million from its recent private placement and preferential offering for debt repayment. This strategic financial move is part of the company’s broader plan to optimize its capital structure while it assesses further utilization of the funds. Investors may find this development noteworthy as Keppel DC REIT continues to strengthen its financial positioning.
For further insights into SG:AJBU stock, check out TipRanks’ Stock Analysis page.