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15-April-2019
Keppel Infrastructure Trust Unaudited Results for the First Quarter Ended 31 March 2019

The Directors of Keppel Infrastructure Fund Management Pte Ltd, as Trustee-Manager of Keppel Infrastructure Trust, advise the following results of Keppel Infrastructure Trust for the first quarter ended 31 March 2019.


Keppel Infrastructure Trust achieves total distribution per Unit of 0.93 cents for 1Q 2019

Results Highlights

  • Completed the acquisition of Ixom HoldCo Pty Ltd (Ixom) on 19 February 2019, growing the Trust's assets under management to $5.2 billion
  • Maintained total distribution per unit (DPU) of 0.93 cents for the first quarter of 2019 (1Q 2019), translating to an annualised distribution yield of 8.0%
  • Distributable cash flows were $48.4 million, 33.7% higher year-on-year (y-o-y) due mainly to contributions from Ixom and City Gas
  • Successfully raised $500.8 million through an equity fund raising (EFR), comprising a Placement and Preferential Offering, and above the initial target of $450.0 million due to positive response from investors. The Preferential Offering was 1.8 times oversubscribed and proceeds from the EFR will be used to partially repay the equity bridge facility




Attachments:

Download - Financial Highlights
Download - Unaudited Results
Download - Financial Results Presentation

 

For more information, please contact:

Media
Ms Ariel Tee
Executive
Group Corporate Communications                          
Keppel Corporation Limited
Tel: (65) 6413 6424
Email: ariel.tee@kepcorp.com
Investor Relations
Mr Bryan Sim
Deputy Manager
Investor Relations
Keppel Capital
Tel: (65) 6803 1851
Email: bryan.sim@kepcapital.com                             

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