Singapore's TA sets up S$150 million multicurrency MTN program

By Marisa Wong

Madison, Wis., Aug. 28 - TA Corp. Ltd. announced it established a S$150 million multicurrency medium-term note program on Wednesday.

HSBC and United Overseas Bank are the joint arrangers and dealers of the program.

Proceeds from notes issued under the program will be used for corporate funding, including financing of working capital and refinancing of existing borrowings; investments, including merger and acquisitions; and capital expenditure requirements.

TA is a Singapore real estate developer.

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