By Rebecca Melvin
New York, April 24 – SATS Ltd. has issued S$100 million of 2.6% notes due 2025 under its S$500 million multicurrency medium-term note program, according to a notice on Friday.
DBS Bank Ltd. and United Overseas Bank Ltd. were joint lead managers and bookrunners for the series 002 notes.
The series 002 notes are expected to be listed on the Singapore securities exchange on Monday.
SATS is the ground-handling and in-flight catering service provider for Singapore Changi Airport.
| Issuer: | SATS Ltd.
|
| Issue: | Series 002 notes
|
| Amount: | S$100 million
|
| Maturity: | 2025
|
| Bookrunners: | DBS Bank Ltd. and United Overseas Bank Ltd.
|
| Coupon: | 2.6%
|
| Issue date: | April 24
|
| Listing date: | April 27
|
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