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Singtel unit prices S$1b subordinated perps at 3.3%

Michelle Zhu
Published Thu, Apr 8, 2021 · 09:08 AM

SINGAPORE Telecommunications (Singtel) on Thursday announced that its wholly-owned subsidiary Singtel Group Treasury (SGT) had priced S$1 billion of subordinated perpetual securities on April 7.

Net proceeds from the issue will be applied by SGT to fund its ordinary course of business.

In a pre-market bo…

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