Keppel Infrastructure Trust Upsizes Debt Issuance Programme to S$3 Billion

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

Keppel Infrastructure Fund Management, as trustee-manager of Keppel Infrastructure Trust, has updated and upsized its multicurrency debt issuance programme from S$2 billion to S$3 billion, with DBS Bank and OCBC acting as arrangers and dealers. The amended programme allows the trust to issue notes and perpetual securities in multiple currencies to institutional and accredited investors, with potential listings on the Singapore Exchange.

Proceeds from future issuances will be used to finance or refinance acquisitions, investments, asset enhancement works, general working capital, capital expenditure and existing borrowings across the group. The move enhances Keppel Infrastructure Trust’s funding flexibility and access to capital markets, supporting its capacity to pursue growth and optimisation of its infrastructure portfolio while signalling continued reliance on debt markets for strategic financing.

The most recent analyst rating on (SG:A7RU) stock is a Buy with a S$0.60 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

Keppel Infrastructure Trust is a Singapore-listed business trust focused on owning and financing infrastructure assets, with its activities managed by Keppel Infrastructure Fund Management Pte. Ltd. The trust and its subsidiaries invest in and enhance infrastructure projects, drawing on capital markets to fund acquisitions, asset upgrades, working capital and refinancing needs.

Average Trading Volume: 12,903,609

Technical Sentiment Signal: Buy

Current Market Cap: S$3.26B

For an in-depth examination of A7RU stock, go to TipRanks’ Overview page.