Keppel raises medium-term note programme limit to $6.81b

Proceeds will be used for corporate and working capital purposes.

Keppel Corporation has increased the limit of its multi-currency medium term note programme from $4.09b (US$3b) to $6.81b (US$5b), an announcement revealed.

Net proceeds from the issue of the multi-currency medium term notes under the upsized programme will be used for general corporate or working capital purposes.

An application has been made to the Singapore Exchange Securities Trading (SGX-ST) for permission to deal in, and for quotation of, any notes issued pursuant to the upsized programme which are agreed at the time of issue thereof to be so listed on the SGX-ST.

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