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Keppel DC REIT unit lands A$72M loan facility

Keppel DC REIT's subsidiary, Keppel DC REIT Fin. Co. Pte. Ltd., received a 5.25-year revolving credit facility totaling roughly A$72.2 million.

Perpetual (Asia) Ltd., the company's trustee, guarantees the facility. Under a condition pursuant to the loan agreement, the unit has to prepay all outstanding loans within 10 business days if the manager of Keppel DC REIT ceases to be a subsidiary of Keppel Corp. Ltd.