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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.