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Sembcorp redeeming S$200m of 3.7% perpetual securities

Annabeth Leow

Annabeth Leow

Published Fri, May 15, 2020 · 09:50 PM

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Singapore

MAINBOARD-LISTED Sembcorp Industries is redeeming a S$200 million tranche of perpetual securities at its first call date, the utilities group said in a bourse filing on Friday.

All of the 3.7 per cent subordinated perpetual securities, which came in minimum trading lots of S$250,000, will be redeemed and then cancelled on June 22.

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