The same condition applies should the manager of KIT cease to act as the trustee-manager of KIT.
The manager of Keppel Infrastructure Trust (SGX:A7RU
) (KIT) has announced it has obtained a $50 million term loan facility on Dec 6.
The agreement contains the caveat that all outstanding loans will have to be repaid immediately should the manager cease to be wholly-owned by Keppel Capital Holdings (KCH) or Keppel Corporation (SGX:BN4) and should an entity that is not wholly-owned by KCH or Keppel be appointed as its replacement.
