The issue price is at the highest end of the 46.4 cent to 47.7 cent range given in KIT’s placement announcement on April 18.
Keppel Infrastructure Trust (KIT) (SGX:A7RU
) has raised around $299.6 million from its private placement and preferential offering, higher than the $240 million the trust sought to raise previously.
On April 27, KIT announced that it will be allotting and issuing around 383.6 million units on April 27 at 47.7 cents per placement unit, higher than the previous range of between 262.06 million and 269.4 million units.
