Keppel REIT issues $300m perpetual securities at 3.78%

This is under its $2b multicurrency debt issuance programme.

Keppel REIT announced on 11 August that it has issued $300m subordinated perpetual securities under its $2b multicurrency debt issuance programme.

The securities are named Series 009 Securities and are expected to be added to the official list of the SGX-ST on 12 August 2025, 9 am.

In an earlier bourse filing, Keppel REIT said the net proceeds from the issue of the Series 009 Securities will be used for refinancing borrowings of Keppel REIT and its subsidiaries, including financing the redemption of its existing $300m 3.15% subordinated perpetual securities issued under the programme.