Keppel Infrastructure Trust said its trustee-manager, Keppel Infrastructure Fund Management Pte. Ltd., has secured uncommitted revolving credit and banker’s guarantee facilities amounting to 50 million euros under a facility letter accepted on Jan, 26 2026.
Under the agreement, the lending bank may cancel the commitments and demand immediate repayment if a change-of-control event occurs whereby the trustee-manager is no longer wholly owned, directly or indirectly, by Keppel Ltd. or Keppel Capital Holdings Pte. Ltd., and no qualifying replacement trustee-manager is appointed.
The trust added that, if such an event were to trigger cross-defaults, banking facilities totaling about 1.56 billion Singapore dollars across the trust and its subsidiaries could be affected. As of the announcement date, no change-of-control event has taken place.