dotlah! dotlah!
  • Cities
  • Technology
  • Business
  • Politics
  • Society
  • Science
  • About
Social Links
  • zedreviews.com
  • citi.io
  • aster.cloud
  • liwaiwai.com
  • guzz.co.uk
  • atinatin.com
0 Likes
0 Followers
0 Subscribers
dotlah!
  • Cities
  • Technology
  • Business
  • Politics
  • Society
  • Science
  • About
  • Lah!

SGX Prices Its Debut US$250 Million 1.234% Notes

  • September 3, 2021
Total
0
Shares
0
0
0

Singapore Exchange (SGX) has successfully launched and priced its debut US$250 million issuance of notes due 2026 (Notes) under its S$1.5 billion multicurrency debt issuance programme (MTN Programme) which was established in October 2019.

The Notes will carry a coupon rate of 1.234% per annum, payable semi-annually. The Notes are expected to mature in September 2026.

Moody’s Investors Service (Moody’s) has assigned Aa2 long-term local and foreign currency ratings to both the senior unsecured component of SGX’s MTN Programme and to the maiden drawdown. The MTN Programme and drawdown ratings are based on SGX’s Aa2 rating, which is the highest credit rating assigned to any exchange group by Moody’s.

The net proceeds from the issuance will be used to finance investments of SGX and its subsidiaries, to refinance existing debt as well as for general corporate purposes.

Mr Ng Yao Loong, Chief Financial Officer of SGX, said, “We would like to thank the investment community for their strong support and demand for our Notes. Our debut bond issuance, which attracted robust interest from high quality investors across the region, was more than 9 times over-subscribed. This follows the highly successful convertible bond issuance earlier this year, and reflects investors’ broad-based confidence in the resilience of our multi-asset business model and ability to navigate near-term challenges. Moving forward, we will continue to be financially-disciplined as we invest strategically to strengthen our value proposition to customers.”

Citigroup Global Markets Singapore Pte. Ltd., DBS Bank Ltd., and Standard Chartered Bank (Singapore) Limited are the joint lead managers of the Notes issuance.

Note:

This release should be read and understood in conjunction with the full text of the announcement issued on SGXNet today on the same subject.

This announcement is for information purposes only, is not an offering circular or prospectus, and does not constitute or form part of an invitation or offer to acquire, purchase or subscribe for the Notes (as defined below). 

Nothing in this announcement constitutes an offer of securities for sale in the United States or any other jurisdiction where it is unlawful to do so. The Notes have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws of the United States or any other jurisdiction, and may not be offered or sold in or into the United States absent registration or an applicable exemption from, or in a transaction not subject to, the registration requirements under the U.S. Securities Act and any applicable state or local securities laws of the United States. The Notes are only being offered and sold outside of the United States in reliance on Regulation S under the U.S. Securities Act. 

Neither this announcement nor any portion hereof may be reproduced, taken, sent or transmitted into the United States or any other jurisdiction if such action is prohibited by applicable law. Any failure to comply with these restrictions may constitute a violation of the United States securities law or the securities laws of any such other jurisdiction.

Total
0
Shares
Share
Tweet
Share
Share
Related Topics
  • MTN Programme
  • SGX
  • Singapore Exchange
dotlah.com

Previous Article
  • Cities
  • Lah!

Cainiao Enters Partnership With FairPrice Group Supply Chain Business Unit To Strengthen Logistics Services In Singapore

  • September 2, 2021
View Post
Next Article
  • Lah!
  • Society

SMU Appoints New Dean For Business School

  • September 3, 2021
View Post
You May Also Like
View Post
  • Lah!

Tariffs, Trump, and Other Things That Start With T – They’re Not The Problem, It’s How We Use Them

  • John Francis
  • March 25, 2025
View Post
  • Lah!

Canonical announces 12 year Kubernetes LTS

  • John Francis
  • March 4, 2025
dotlah-smartnation-singapore-lawrence-wong
View Post
  • Artificial Intelligence
  • Featured
  • Features
  • Lah!
  • Machine Learning
  • Technology

Growth, community and trust the ‘building blocks’ as Singapore refreshes Smart Nation strategies: PM Wong

  • Dean Marc
  • October 9, 2024
dotlah-singapore-ndp-2024
View Post
  • Lah!

Here’s what to expect for NDP 2024!

  • dotlah.com
  • August 9, 2024
dotlah-singapore-airlines_may_21-1716298816
View Post
  • Lah!

Severe turbulence during Singapore Airlines flight leaves several people badly injured. One man died

  • majulah
  • May 22, 2024
dotlah-pm-lee-lawrence-wong-9656d4cd-1fa4-40ed-905d-e19e639b8476_728802dd
View Post
  • Lah!
  • People
  • Politics

End of Lee Era for Singapore as PM Steps Down

  • dotlah.com
  • May 16, 2024
DPM Lawrence Wong will be Singapore's fourth prime minister on May 15. ST PHOTO: LIM YAOHUI
View Post
  • Lah!
  • People
  • Politics

7 things to know about Singapore’s next prime minister Lawrence Wong

  • dotlah.com
  • May 15, 2024
When asked about his leadership style, DPM Lawrence Wong said he will be open and consultative, but he will not shirk from doing what is necessary for Singapore's future. ST PHOTO: LIM YAOHUI
View Post
  • Features
  • Lah!
  • People
  • Politics

‘We are prepared to relook everything’: Lawrence Wong on a changing society and his hopes for S’pore

  • dotlah.com
  • May 15, 2024


Trending
  • 1
    • Technology
    ST Engineering And Wilhelmsen Ships Service To Collaborate On Developing Unmanned Aerial Operations For Shore-to-Ship Parcel Deliveries
    • February 12, 2020
  • 2
    • Science
    • Technology
    Singapore Scientists To Help Develop Asian Immune Diversity Atlas, With Support From The Chan Zuckerberg Initiative
    • March 17, 2020
  • times square new york 3
    • Economy
    • People
    The US Economy Is Reliant On Consumer Spending – Can It Survive A Pandemic?
    • September 29, 2020
  • 4
    • Cities
    CapitaLand Recognised As One Of The World’s Most Sustainable Corporations For Third Consecutive Year
    • January 22, 2020
  • 5
    • Technology
    SUTD Partners Ensign InfoSecurity To Develop More Local Cybersecurity Talents
    • February 2, 2021
  • 6
    • People
    Why You Need To Eat Meat To Stay Healthy
    • June 10, 2020
  • 7
    • Cities
    Coronavirus Wreaks Havoc On Economic Growth Prospects
    • June 18, 2020
  • 8
    • Technology
    Singapore To Invest S$50 Million Over Next Five Years To Bolster Digital Trust Capabilities
    • July 17, 2021
  • 9
    • People
    US Law Has Long Seen People Of African Descent As Fugitives
    • June 4, 2020
  • 10
    • Cities
    • Lah!
    JTC & Shell To Explore Semakau Solar Farm To Meet Singapore’s Growing Clean Energy Needs
    • June 18, 2021
  • hotel 11
    • Cities
    The Impact Of The Online Casino On The Cityscape
    • December 12, 2020
  • Volvo Group: Confidently ahead at CES 12
    • Technology
    Volvo Group: Confidently ahead at CES
    • January 8, 2025
Trending
  • Cooking pots and pans 1
    Best Pots and Pans 2025: All-Season, All-Purpose Picks for Every Kitchen
    • September 23, 2025
  • 2
    Politicians love comparing NZ’s economy to Singapore or Ireland – but it’s simplistic and misleading
    • September 21, 2025
  • Kitchen Knives - Best All-Around Picks in 2025 3
    Kitchen Knives : The Surgeons of Cooking – Best All-Around Picks in 2025
    • September 15, 2025
  • 4
    Apple unveils iPhone 17 Pro and iPhone 17 Pro Max, the most powerful and advanced Pro models ever
    • September 9, 2025
  • 5
    Apple debuts iPhone 17
    • September 9, 2025
  • Fruits and vegetables for cooking. For food processors. 6
    Food Processor: The Swiss Army Knife of the Kitchen – Best All-Around Picks in 2025
    • September 8, 2025
  • 7
    Meet Samsung Galaxy Tab S11 Series: Packing Everything You Expect From a Premium Tablet
    • September 4, 2025
  • 8
    Malaysia’s ‘ASEAN Shenzhen’ needs some significant legal reform to take off — here’s how
    • August 25, 2025
  • French Fries 9
    Air Fryer: The One Cooking Appliance to Rule Them All – Best All-Around Picks in 2025
    • August 22, 2025
  • 10
    Samsung Electronics Debuts Odyssey G7 Monitors, Showcasing Top Games on Its Displays at Gamescom 2025
    • August 20, 2025
Social Links
dotlah! dotlah!
  • Cities
  • Technology
  • Business
  • Politics
  • Society
  • Science
  • About
Connecting Dots Across Asia's Tech and Urban Landscape

Input your search keywords and press Enter.