Keppel Infrastructure (SG:A7RU) has released an update.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
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.