Additionally, the facility contains conditions where a mandatory prepayment event may occur if the manager of KDC ceases to be a direct or indirect subsidiary of Keppel.
Should the prepayment event occur, the aggregate level of utilised and unutilised facilities that may be affected stands at approximately $ 2,092.8 million as at Dec 19.
Units in Keppel DC REIT closed 1 cent lower, or down 0.47%, at $2.14 on Dec 19.