SingPost Group issues $100m fixed rate notes due in 2027

The notes were issued denominations of S$250,000 each.

Singapore Post (SingPost) Group Treasury Pte. Ltd., a wholly-owned subsidiary of SingPost Limited, issued $100m of senior unsecured fixed rate notes due in 2027.

In a company announcement, SingPost Group said the notes were issued under the multicurrency debt issuance programme put up by the issuer, which is “unconditionally and irrevocably guaranteed by SingPost Limited.

Further, the Notes were issued in registered form and in denominations of S$250,000 each.

The notes have interest at a fixed rate of 3.23% per annum payable semi-yearly “in arrear on 29 March and 29 September in each year and will mature on 29 March 2027.”

The joint lead managers for issuance of notes are DBS Bank Ltd. and The Hongkong and Shanghai Banking Corporation Limited, Singapore Branch.

The Notes were offered in Singapore following exemptions invoked under Sections 274, 275 and/or any other applicable provision of the Securities and Futures Act 2001 of Singapore.

Follow the link for more news on

SingPost

SingPost notes

Also Read

SingPost brings service closer to commuters

Industrial landlords offer flexibility amidst softer demand

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit