SingPost to issue S$200mln notes

SingPost is said to be the stock to watch after the postal services operator announced its plan to issue S$200 million worth of 10-year fixed-rate notes.

According to Reuters, Singapore Post may be in focus following the said announcement, with the board of directors proposing the notes issue to finance SingPost's future investments and capital expenditures.

DBS Bank and UBS are said to have been appointed the joint lead managers for the S$200 million notes issue.

View the full report in Reuters.

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