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Keppel Infrastructure Trust receives $50 mil loan facility

Bryan Wu
Bryan Wu • 1 min read
Keppel Infrastructure Trust receives $50 mil loan facility
Units in KIT closed 0.5 cents higher or 1% up at 50.5 cents on Jan 2.
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The manager of Keppel Infrastructure Trust A7RU

 (KIT) A7RU has announced that the trust has received a $50 million loan facility on Jan 2.

The facility agreement includes the caveat that should KIT’s manager cease to be an entity wholly-owned by Keppel Capital Holdings or Keppel Corporation BN4

, KIT will be required to pay all outstanding loans.

Units in KIT closed 0.5 cents higher or 1% up at 50.5 cents on Jan 2.

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