The Business Times
business-time-50

Corporate digest

google-preferred-sourceAdd BT as a preferred source
Published Wed, Apr 13, 2022 · 09:50 PM

Sembcorp Industries

SINGAPORE conglomerate Sembcorp Industries unit Sembcorp Financial Services has issued S$300 million worth of sustainability-linked notes at 3.735 per cent due 2029.

The notes are guaranteed by Sembcorp Industries and have a sustainability-linked feature where the interest rate will be subject to a step-up margin of 0.25 per cent from the first interest payment date on or after Apr 1, 2026, if the stated sustainability performance target is not achieved.

Corporate Digest

TRENDING NOW

The onset of El Nino is also seen as a tailwind, as average crude palm oil prices have historically surged during the weather event.

Palm oil stocks set to surge as Indonesia said to be scaling back export overhaul: analysts

Hong Kong youth no longer see a stable job and a lifetime of work as the only life goal – instead, they place greater emphasis on freedom and quality of life.

Not in education, employment or training: Why more Hong Kong youths are opting out of work

Over the past three years, Singapore has overtaken Hong Kong as the top destination for Taiwanese offshore wealth.

Taiwan’s wealthy seeks diversification to Singapore, sparking private banking race: Bloomberg

Vincent Tan, founder of Berjaya Group, has reduced his holdings in multiple companies within the group.

Malaysian tycoon Vincent Tan’s sell-downs point to pruning rather than an exit plan

Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
View More