Singapore Technologies lines up $5 billion multicurrency medium-term note program

By Rebecca Melvin

New York, March 18 – Singapore Technologies Telemedia Pte. Ltd. subsidiaries ST Engineering RHQ Ltd. and ST. Engineering Treasury Pte. Ltd. have applied to list a $5 billion multicurrency medium-term note program on the Singapore Exchange Securities Trading Ltd., according to a notice.

Singapore Technologies Telemedia guarantees the program.

The notes may be issued in various amounts and tenors and may be fixed-rate notes, floating-rate notes, zero-coupon notes, index-linked notes, dual-currency notes or a combination of these.

DBS Bank Ltd. and J.P. Morgan (S.E.A.) Ltd. have been appointed as arrangers of the program, and DBS Bank Ltd., J.P. Morgan (S.E.A.) Ltd., Citigroup Global Markets Singapore Pte. Ltd., Credit Agricole CIB, Singapore Branch, Mizuho Securities Asia Ltd., Oversea-Chinese Banking Corp. Ltd., Standard Chartered Bank (Singapore) Ltd. and United Overseas Bank Ltd. have been appointed as dealers of the program.

The new program replaces a $1.2 billion multicurrency medium-term note program established on July 6, 2009 by ST Engineering Financial I Ltd. and terminated in December 2018.

Singapore Technologies Telemedia is a Singapore-based investment holding company focused on communications, media and technology.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.