Singapore Airport Terminal to issue S$200 million 3% fixed-rate notes

By Reshmi Basu

New York, Aug. 20 - Singapore Airport Terminal Ltd. plans to issue S$200 million of unsecured fixed-rate notes due 2009 under its S$500 million medium-term note program.

The notes will pay a 3% coupon.

Proceeds from issuance under the medium-term note program are for general corporate or for working capital purposes.

Citicorp Investment Bank (Singapore) Ltd. and The Hongkong and Shanghai Banking Corp. Ltd. are the lead managers for the issue.

The proposed notes are subject to market conditions and regulatory approvals.

The notes are expected to be listed and quoted on the Singapore Exchange Securities Trading Ltd.

© 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.