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Keppel DC REIT bags 5.25-year loan facility for $73.72m

Singapore Business Review
Keppel DC REIT bags 5.25-year loan facility for $73.72m

Facilities to be affected are worth $789.8m.

Keppel DC REIT's subsidiary obtained a 5.25-year loan facility $73.72m (A$72.18m).

According to an announcement, Keppel DC REIT Fin. Company Pte Ltd (KDCRFC) has to prepay any outstanding loans within ten business days in the event that the manager of Keppel DC REIT ceases to be a subsidiary of Keppel Corporation Limited.

Assuming the conditions for the prepayment occur, the aggregate level of facilities that may be affected is approximately $789.8m.

The loan was guaranteed by Perpetual (Asia) Limited, a trustee of Keppel DC REIT.



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