By Rebecca Melvin
Concord, N.H., April 20 – Singapore’s Sembcorp Financial Services Pte. Ltd. issued S$300 million 3.735% sustainability-linked notes due 2029, according to a company announcement Wednesday.
The series 003 notes were issued under the S$3 billion multicurrency debt issuance program established by Sembcorp Financial and parent company, Sembcorp Industries Ltd.
The notes are guaranteed by the parent company.
Listing of the notes on the Singapore Exchange is expected to take place on April 21.
Sembcorp is an engineering and construction contractor in Singapore.
| Issuer: | Sembcorp Financial Services Pte. Ltd.
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| Guarantor: | Sembcorp Industries Ltd.
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| Amount: | S$300 million
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| Issue: | Series 003 sustainability-linked notes
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| Maturity: | 2029
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| Coupon: | 3.735%
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| Issue date: | April 20
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| Listing date: | April 21
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| ISIN: | SGXF59468540
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