Keppel DC Reit obtains $300m loan facilities
These include a revolving credit facility and a revolving green credit facility.
Keppel DC REIT (KDC REIT) has obtained two loan facilities worth a total of $300m, according to a bourse filing on March 28.
The two facilities include a $150m revolving credit facility and a $150m revolving green credit facility.
KDC REIT will be required to pay all outstanding loans together with accrued interest and all other moneys owing under or pursuant to the loan facilities within 10 business days in the event that the manager ceases to be a subsidiary of Keppel.