Keppel加持KrisEnergy股权

Keppel Corporation has agreed to invest up to S$140 million (US$101.2 million) in Singapore oil and gas company KrisEnergy to boost its shareholding and enable its marine division to benefit from KrisEnergy’s projects. KrisEnergy unveiled a widespread financial restructuring plan on Thursday that will better position it to meet its financial obligations as well as invest in field development projects. One part of the plan is extending the maturity of its existing revolving credit facility; another is seeking support from noteholders, and the third element is for shareholders to inject up to S$140 million of new funds via a proposed offering. Keppel is KrisEnergy’s largest shareholder with a 39.99% interest.