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Keppel REIT issues $150 mil 3.15% subordinated perpetual securities under its Series 004 Tranche 002 Securities programme

Felicia Tan
Felicia Tan • 1 min read
Keppel REIT issues $150 mil 3.15% subordinated perpetual securities under its Series 004 Tranche 002 Securities programme
Units in Keppel REIT closed flat at $1.09 on Oct 7.
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The manager of Keppel REIT says that the trustee of the REIT, RBC Investor Services Trust Singapore, has issued $150 million 3.15% sub subordinated perpetual securities pursuant under the Series 004 Tranche 002 Securities programme.

The Series 004 Tranche 002 securities will be consolidated and form a single series with the existing $150 million 3.15% subordinated perpetual securities issued on Sept 11.


See: Keppel REIT to issue $150 mil worth of perpetual securities

The securities have received approval-in-principle from the Singapore Exchange Securities Trading Limited (SGX-ST) for its listing and quotation.

They are expected to be admitted to the official list of the SGX-ST at 9am, on Oct 8.

OCBC is the sole lead manager and bookrunner of the offering of the Series 004 Tranche 002 Securities.

See also: SGX gives approval-in-principle to FHT to delist

Units in Keppel REIT closed flat at $1.09 on Oct 7.

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