Danielle Isaac
,
Singapore
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.
Join Singapore Business Review community
Since you're here...
...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.
We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.
Let us help you drive your business forward with a good partnership!