Keppel Infrastructure Trust secures $400m loan facility

Immediate repayment will be required if the trustee-manager's ownership shifts from its current parents, KCHPL and KL.

Keppel Infrastructure Trust (KIT) has successfully obtained a $400m loan facility on 21 May, the Board of Directors of Keppel Infrastructure Fund Management Pte. Ltd. (KIFM), acting as the trustee-manager of KIT, announced.

Under the terms, if the trustee-manager no longer be wholly owned by Keppel Capital Holdings Pte. Ltd. (KCHPL) and/or Keppel Ltd. (KL), and if an entity not wholly owned by KCHPL and/or KL is not appointed as a replacement trustee-manager of KIT, all outstanding loans under the facility must be repaid immediately. This scenario is referred to as the "Change of Control Event”.

As of now, no such event has occurred. However, should it happen, it may affect approximately $1,535m in facilities due to potential cross-defaults.

Follow the link for more news on

Keppel Infrastructure Trust

If you've been wondering whether SBR could work for your company — yes, probably.

A lot of the companies we partner with started as readers. They'd been following our coverage for a while, saw their own customers and competitors in it, and eventually asked the obvious question: could we do something with you? The answer is usually yes. The shape of it depends on what you're trying to do.

The options are broader than most people assume — thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. Some partners use one channel; most use a mix. We figure out the right combination by starting with your brief, not with our rate card.

So if the question has been on your mind, here's the easy way to ask it.

We'll tell you honestly whether we can help, and how. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia