By Marisa Wong
Los Angeles, July 22 – ST Telemedia subsidiary STT GDC Pte. Ltd. (ST Telemedia Global Data Centres) priced S$400 million of 3.13% notes due 2028, according to a notice.
The notes will be issued under the company’s S$1.5 billion multicurrency debt issuance program.
DBS Bank Ltd. and United Overseas Bank Ltd., Credit Suisse (Singapore) Ltd. and Standard Chartered Bank (Singapore) Ltd. are joint bookrunners and joint lead managers.
Proceeds will be used for general corporate purposes, including refinancing of existing borrowings and financing of investments, acquisitions, general working capital or capital expenditure requirements.
ST Telemedia is a Singapore-based communications, media and technology company.
| Issuer: | STT GDC Pte. Ltd.
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| Issue: | Notes
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| Amount: | S$400 million
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| Maturity: | July 28, 2028
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| Bookrunners: | DBS Bank Ltd. and United Overseas Bank Ltd., Credit Suisse (Singapore) Ltd. and Standard Chartered Bank (Singapore) Ltd.
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| Coupon: | 3.13%
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| Announcement date: | July 22
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| Settlement date: | July 28
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