Keppel Infrastructure (SG:A7RU) has released an update.
Keppel Infrastructure Trust is set to issue S$200 million in 4.90% subordinated perpetual securities, under its S$2 billion multicurrency debt program. The securities represent unsecured and subordinated obligations with equal standing among similar obligations. The issuance follows an agreement with leading banks DBS, OCBC, and HSBC as joint lead managers.
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