By Susanna Moon
Chicago, Aug. 29 - Keppel Corp. Ltd. said it priced S$300 million of 4% notes due 2042 to be issued under its $3 billion multicurrency medium-term note program.
Proceeds will be used to fund investments and for general corporate and working capital requirements.
Credit Suisse (Singapore) Ltd. is the lead manager.
The company has applied to list the notes on the Singapore Exchange Securities Trading Ltd.
Keppel Telecommunications is a subsidiary of Keppel Corp. Ltd., which is a Singapore-based company focused on offshore and marine property and infrastructure. The subsidiary offers services to logistics and data businesses.
| Issuer: | Keppel Telecommunications & Transportation Ltd.
|
| Issue: | Senior notes
|
| Amount: | S$300 million
|
| Maturity: | 2042
|
| Coupon: | 4%
|
| Price: | Par
|
| Lead manager: | Credit Suisse (Singapore) Ltd.
|
| Pricing date: | Aug. 29
|
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