Keppel DC REIT issues $90m floating rate notes 

The notes are due in 2026.

Keppel DC REIT has issued a tranche of floating rate notes worth $90m due in 2026.

The notes are under the Keppel DC REIT MTN-established $2,000,000,000 Multicurrency Debt Issuance Programme.

The REIT issued the notes at an issue price of 100% and in denominations of $250,000.
 
The REIT, however, warned that the value of the units and the income derived from them may “fall as well as rise.|

“An investment in Units is subject to investment risks, including the possible loss of the principal amount invested. Investors have no right to request the manager to redeem their units while the units are listed,” the REIT said.

“It is intended that Unitholders may only deal in their units through trading on Singapore Exchange Securities Trading Limited (SGX-ST). Listing of the units on the SGX-ST does not guarantee a liquid market for the Units,” it added.