Keppel Infrastructure Trust obtains a credit line of 100 million yuan | Lianhe Zaobao
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Keppel Infrastructure Trust has obtained a SGD 100 million credit facility and a EUR 50 million uncommitted revolving credit and bank guarantee credit facility. The financing arrangement requires the trust management company to be wholly owned by Keppel Capital or Keppel Corporation. If there is a change in control or the management company resigns without appointing a qualified successor, the outstanding loans may become immediately due, which could trigger cross-defaults. The management company stated that no such events have occurred to date. The stock price remains at SGD 0.515
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