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$Keppel DC Reit (AJBU.SG)$https://www.google.com.sg/amp/s/ww...

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  • 101517087 OP : Of the proceeds,
    -  $67.9 million to partly fund the proposed acquisition of a data centre property at No. 5 Bluesea Intelligence Valley in China’s Guangdong province.

    - Another $128.6 million will go to funding future acquisitions and repaying debt to create debt headroom for future acquisitions.

    - some $3.6 million will pay the estimated fees and expenses related to the private placement.

    - The balance – if any – will go towards the REIT’s general corporate or working capital purposes.

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