SMRT launches S$1 billion multi-currency medium-term note program

New York, Sept. 15 - SMRT Corp. Ltd. said its subsidiary SMRT Capital Pte. has set up a S$1 billion multi-currency guaranteed medium-term note program.

The MTNs can be in Singapore dollars or other currencies, and can have fixed, floating or variable interest rates. The program includes hybrid notes and zero-coupon notes.

Proceeds will be used for the group's general corporate funding needs.

Hongkong and Shanghai Banking Corp. Ltd. is arranger.

SMRT is a Singapore-based is a transport operator.

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