Singapore’s Sembcorp Industries unveils S$5 billion euro MTN program

By Marisa Wong

Los Angeles, July 31 – Sembcorp Industries Ltd. and subsidiary Sembcorp Financial Services Pte. Ltd. have established a S$5 billion euro medium-term note program, according to a company announcement.

The program covers notes and perpetual securities to be issued by Sembcorp Financial or any subsidiary issuer and guaranteed by Sembcorp Industries.

DBS Bank Ltd. is arranger and dealer for the program.

Proceeds will be used for general corporate purposes and general working capital requirements.

Sembcorp is an engineering and construction contractor in Singapore.

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