ST Engineering units launch $5b multicurrency medium term note programme

Issuers will be allowed to issue notes from time to time.

ST Engineering RHQ and ST Engineering Treasury, wholly-owned subsidiaries of Singapore Technologies Engineering (ST Engineering), have established a $5b multicurrency medium term note programme, said in its bourse filing.

This replaces the $1.74b (US$1.2b) multicurrency medium term note programme established in July 2009 by ST Engineering Financial and terminated in December 2018.

Under the programme, issuers may from time to time issue notes denominated in any currency, agreed between the relevant issuer and the relevant dealer for each issue of notes. The notes will be offered in Singapore.

The firm said the programme was put up to allow the firm to tap the debt capital market for longer tenor financing.

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia