(March 16 10:46) Sbr.com.sg
Submitted By:
Shaina Teope
Case Study:
No
KDCRFC is set to pre-pay the loan in the case of an agreement breach.
Keppel DC REIT Fin. Company (KDCRFC), a wholly-owned subsidiary of Keppel DC REIT, entered into a facility agreement to obtain a five-year loan facility of $78.76m (EUR 50m), according to an announcement.
Under the deal, KDCRFC will be ordered to pre-pay any outstanding loans should the manager of Keppel DC REIT, Keppel DC REIT Management ceases to be a subsidiary of Keppel Corporation.
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