tiprankstipranks
Trending News
More News >

Keppel REIT Secures S$150 Million Green Loan Facility

Story Highlights
Keppel REIT Secures S$150 Million Green Loan Facility

Don’t Miss TipRanks’ Half-Year Sale

The latest announcement is out from Keppel REIT ( (SG:K71U) ).

Keppel REIT has secured a S$150 million Green Loan Facility, guaranteed by HSBC Institutional Trust Services, to support its operations. A condition of the loan requires immediate repayment if there is a change in management not involving a wholly-owned subsidiary of Keppel Ltd., potentially impacting facilities worth approximately S$2.671 billion if triggered.

More about Keppel REIT

Keppel REIT is a real estate investment trust that focuses on investing in a portfolio of income-producing commercial properties. It operates primarily in the office sector, targeting high-quality assets in key business districts across Asia.

YTD Price Performance: 5.00%

Average Trading Volume: 76,711

Technical Sentiment Signal: Sell

Current Market Cap: $2.51B

For detailed information about K71U stock, go to 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