Keppel REIT obtains three loan facilities worth over $400m
These include two $120m credit facilities and one $200m term loan facility.
Keppel REIT Fin. Company Pte. Ltd. has obtained three loan facilities with a combined value of $440m with each guaranteed by HSBC Institutional Trust Services.
Keppel secured two $120m credit facilities and one $200m term loan facility, it said in a bourse filing.
The REIT is required to prepay outstanding loans within five business days for the first $120m and 10 days for the second credit facility, the filing added. The $200m is required for prepayment within 10 business days.