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Keppel Infrastructure Trust Secures S$25 Million Bank Facilities

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Keppel Infrastructure Trust Secures S$25 Million Bank Facilities

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Keppel Infrastructure ( (SG:A7RU) ) just unveiled an announcement.

Keppel Infrastructure Trust has secured bank facilities amounting to S$25 million under a new facility agreement. The agreement includes conditions that require immediate repayment if there is a change in the trustee-manager or its ability to fulfill obligations is hindered. If such a change leads to a cross default, it could impact facilities worth approximately S$1,248.5 million. As of now, no such change has occurred.

The most recent analyst rating on (SG:A7RU) stock is a Buy with a S$0.57 price target. To see the full list of analyst forecasts on Keppel Infrastructure stock, see the SG:A7RU Stock Forecast page.

More about Keppel Infrastructure

Average Trading Volume: 5,946,058

Technical Sentiment Signal: Sell

Current Market Cap: S$2.37B

See more data about A7RU stock on TipRanks’ Stock Analysis page.

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