Keppel Infrastructure Trust to issue $73m subordinated perpetual securities

Keppel Infrastructure Trust to issue $73m subordinated perpetual securities

Visual from the Keppel Infrastructure Trust website

Singapore-listed Keppel Infrastructure Trust (KIT) has announced the issuance of S$100 million ($73.12 million), 4.75 per cent subordinated perpetual securities tranche under an S$1-billion ($730 million) multicurrency debt issuance programme.

The latest S$100 million perpetual debt tranche shall be consolidated and form a single series with the S$200 million ($146.25 million) in aggregate principal amount of 4.75 per cent subordinated perpetual securities issued on June 12, 2019.

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