Units in KIT closed 0.5 cents higher or 1% up at 50.5 cents on Jan 2.
The manager of Keppel Infrastructure Trust (SGX:A7RU
) (KIT) (SGX:A7RU) has announced that the trust has received a $50 million loan facility on Jan 2.
The facility agreement includes the caveat that should KIT’s manager cease to be an entity wholly-owned by Keppel Capital Holdings or Keppel Corporation (SGX:BN4) , KIT will be required to pay all outstanding loans.
