On Feb 18, the manager, DBS Bank, Citigroup Global Markets and BNP Paribas Singapore, who are the joint lead managers and underwriters, entered into a placement agreement in relation to the private placement.
The manager of Keppel REIT says it has proposed a private placement of between 235.6 million and 242.8 million new units at an issue price of between $1.112 and $1.146 per new unit.
The total sum will total some $270.0 million in gross proceeds.
