Keppel pre-markets infrastructure trust equity deal

Keppel Infrastructure Trust launches Singapore's first major equity deal of the year, seeking up to $394 million to fund a merger and power plant acquisition.

Keppel pre-markets infrastructure trust equity deal

Keppel Infrastructure Trust KIT has begun pre-marketing Singapore's first major equity deal of 2015, targeting funds of up to S$525 million $394 million.

The Singaporean equity market has been subdued for the past four months, as foreign investors turned net sellers across the Asean region and shifted funds north into Hong Kong, China, Taiwan and Korea. 

The last major deal from the Lion City involved another Keppel asset the initial...

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