New York, Jan. 14 – Singapore Technologies Telemedia Pte. Ltd. said it priced a S$150 million add on to its 4.05% notes due 2025.
The additional notes were sold at 100.4.
DBS Bank Ltd. is dealer for the offering, sold under the issuer’s medium-term note program.
The company originally issued S$300 million of the notes on Dec. 2.
Proceeds from the add on will be used for general corporate purposes, including refinancing of existing borrowings, financing of investments, acquisitions, general working capital and/or capital expenditure requirements and investments.
Singapore Technologies Telemedia is a Singapore-basd investment holding company focused on communications, media and technology.
| Issuer: | Singapore Technologies Telemedia Pte. Ltd.
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| Issue: | Notes
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| Amount: | S$150 million add on to original S$300 million
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| Maturity: | Dec. 2, 2025
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| Coupon: | 4.05%
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| Price: | 100.4
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| Manager: | DBS Bank Ltd.
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| Announcement date: | Jan. 15
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| Settlement: | Jan. 21
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