iFast launches $300m debt programme

OCBC will act as the programme’s sole arranger and dealer.

iFast has established a $300m multicurrency debt issuance programme.

Under the programme, the company may issue notes or perpetual securities in Singapore dollars or any other currency, in varying amounts and tenors, from time to time.

The notes may also bear fixed, floating, variable, hybrid, or other interest rates.

iFast will use the net proceeds from the issue of securities under the Programme for general corporate purposes which may include refinancing certain of the existing borrowings and financing capital expenditure, investments and general working capital of the group.

OCBC is the sole arranger and dealer of the debt issuance programme.

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