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ST Engineering's US$750m, 5-year bond a hit with investors

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Published Thu, Apr 23, 2020 · 09:50 PM

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ST Engineering's US$750 million five-year 1.5 per cent issue has met with strong demand as the US dollar bond market bounces back.

Sold on Wednesday, April 22, the bond deal received an order book of over US$4 billion, which allowed it to tighten pricing from the initial price guidance.

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