trending Market Intelligence /marketintelligence/en/news-insights/trending/7wq8HbxzjeMMZzqQhSRNWg2 content esgSubNav
In This List

Keppel REIT obtains A$80M revolving credit facility

Blog

Gauging Supply Chain Risk In Volatile Times

Blog

The Future of Risk Management Digitization in Credit Risk Management

Blog

Climate Credit Analytics: Diving into the model

Video

How to use ESG Heat Maps in Credit Risk Analysis


Keppel REIT obtains A$80M revolving credit facility

Keppel REIT secured Aug. 1 an A$80 million revolving credit facility, through subsidiary Keppel REIT Fin. Co. Pte. Ltd.

The facility is guaranteed by the company's trustee, RBC Investor Services Trust Singapore Ltd.

The loan is governed by certain terms and conditions, including the trust remaining 100% owned by Keppel Corp. Ltd. Any breach of the terms of the facility may result in a cross-default that could affect as much as S$3.40 billion of Keppel REIT's borrowings.

As of Aug. 1, US$1 was equivalent to A$1.25 and S$1.36.