Keppel DC REIT Issues €50 Million Floating Rate Notes Due 2031

Key Highlights

• Issuance Details: Keppel DC REIT, through its wholly-owned subsidiary Keppel DC REIT MTN Pte. Ltd., has issued €50,000,000 in aggregate principal amount of floating rate notes due 2031. The issuance was completed on 20 February 2026 under the S\$2,000,000,000 Multicurrency Debt Issuance Programme.
• Guarantee: The floating rate notes are unconditionally and irrevocably guaranteed by Perpetual (Asia) Limited, acting as trustee of Keppel DC REIT.
• Announcement Date: The issuance follows an earlier announcement on 10 February 2026, with the formal notice issued by Keppel DC REIT Management Pte. Ltd. on 23 February 2026.
• Management: The announcement was made by the Manager, Keppel DC REIT Management Pte. Ltd., with Chiam Yee Sheng and Darren Tan serving as Company Secretaries.

Details Investors Should Note

• Strategic Implications: The successful issuance of €50 million in floating rate notes demonstrates Keppel DC REIT’s ability to access international debt capital markets, which could enhance financial flexibility and support future growth initiatives.
• Potential Price Sensitivity: The capital raised may be used for refinancing existing debt, acquiring new assets, or other corporate purposes. If applied efficiently, this could improve Keppel DC REIT’s earnings, strengthen its balance sheet, and potentially drive share price appreciation.
• Risks and Forward-Looking Statements: The announcement contains forward-looking statements and cautions investors that actual outcomes may differ due to a variety of risk factors including industry conditions, interest rate trends, capital availability, competition, and government policy changes.
• Investment Risks: Units of Keppel DC REIT are subject to investment risks, including the possible loss of principal. Units are not guaranteed by the Manager or its affiliates.
• Trading Information: Investors cannot request redemption of their Units directly from the Manager while Units are listed. Trading is intended to occur via the Singapore Exchange (SGX-ST), but listing does not guarantee liquidity.

Implications for Shareholders

The issuance of €50 million in floating rate notes is a significant development and could be price sensitive. This move strengthens Keppel DC REIT’s capital base, providing resources for future expansion or refinancing. If the proceeds are deployed into accretive investments or used to reduce financing costs, there may be positive implications for distributions and asset growth, potentially impacting the REIT’s unit price.

However, shareholders should note that market conditions, interest rates, and management decisions will ultimately determine the impact of this fundraising on Keppel DC REIT’s future performance.

Disclaimer

This article is for informational purposes only and does not constitute an offer or recommendation to buy or sell any securities, including units in Keppel DC REIT. The information herein may contain forward-looking statements subject to risks and uncertainties. Actual results may differ materially. Investors should conduct their own research and consult professional advisors before making any investment decisions.

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