tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Keppel Infrastructure Secures $75M Loan with Key Conditions

Keppel Infrastructure Secures $75M Loan with Key Conditions

Keppel Infrastructure (SG:A7RU) has released an update.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Keppel Infrastructure Trust has secured a S$75 million revolving credit facility with specific conditions tied to changes in its trustee-manager’s ownership or management. If Keppel Capital Holdings or Keppel Ltd. ceases to have control, or if the trustee-manager resigns or is removed without a suitable replacement, the loan must be repaid immediately. This move highlights Keppel’s strategic financial maneuvering to safeguard its infrastructure investments.

For further insights into SG:A7RU stock, check out TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1