247 views
Illustration by Alghozy via Unsplash

Thakral Corporation launches $150m multicurrency MTN programme

The programme allows Thakral to issue medium term notes in multiple currencies up to principal amount.

Thakral Corporation Ltd has established a $150m Multicurrency Medium Term Note (MTN) Programme, according to a corporate announcement filed on 7 April.

The announcement was submitted by the investment holding company’s CFO, Anil Daryanani, and broadcast on the Singapore Exchange platform.

Under the programme, the company may issue medium term notes in multiple currencies up to the aggregate principal amount of $150m.

The MTN programme provides a framework for the company to raise debt financing under a defined issuance limit. The announcement did not disclose details of any specific note issuances or the timing of such issuances.

Join Singapore Business Review community
Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

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.