tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Keppel Infrastructure Trust Lands Major Loan Deal

Keppel Infrastructure Trust Lands Major Loan Deal

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 significant loan facility amounting to S$400 million, with specific terms that mandate immediate repayment if the Trustee-Manager’s ownership changes away from its current parents, Keppel Capital Holdings and Keppel Ltd. The potential implications of such an ownership shift could affect approximately S$1.535 billion in additional borrowings. As of now, no such change in control has been reported.

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