The net proceeds from the issue of notes will be used towards the financing or refinancing acquisitions, investments, general working capital purposes and borrowings of KDCREIT, as well as for on-lending.
The manager of Keppel DC REIT (KDCREIT) (SGX:AJBU
) has priced $90 million of floating rate notes due 2026.
The notes will be issued by DBS bank under KDCREIT MTN’s $2 billion multicurrency debt issuance programme.
