27 Apr 2023

S$300 million equity fund raising by Keppel Infrastructure Trust

Partners Raymond Tong and Jasselyn Seet from Rajah & Tann Singapore, Yon See Ting and Looi Zhi Min from Christopher & Lee Ong, and Dussadee Rattanopas from R&T Asia (Thailand) were involved in the approximately S$300 million equity fund raising undertaken by Keppel Infrastructure Trust for the partial repayment of two bridge facilities of up to S$590 million which were taken out to initially fund three investments and acquisitions in green infrastructure segments. The team acted for Citigroup Global Markets Singapore Pte. Ltd., DBS Bank Ltd., The Hongkong and Shanghai Banking Corporation Limited, Singapore Branch, Oversea-Chinese Banking Corporation Limited and United Overseas Bank Limited in relation to the transaction.