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STT sells new S$300m perpetual issue at 5 per cent

Published Thu, Jan 10, 2019 · 09:50 PM

Singapore

SINGAPORE Technologies Telemedia (STT) has sold a new S$300 million perpetual issue at 5 per cent on Thursday.

Orders reached for STT's maiden perpetual deal - which is also the first perp transaction for 2019 - was about S$700 million, and the initial price guidance was low 5 per cent.

The last perp transaction in the Singapore dollar bond markets was the S$700 million transaction for UBS in November …

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Companies & Markets

Companies & Markets

STT sells new S$300m perpetual issue at 5 per cent

Companies & Markets

China to facilitate Hong Kong IPOs and expand Stock Connect

Global equity funds see surge in outflows as rate cut hopes fade

Gazelle Ventures makes cash offer for No Signboard shares at S$0.0021 apiece

Global wave of consultancy layoffs has not hit Singapore

P&G raises annual core profit forecast on resilient demand, price hikes

American Express’ premium customers help it surpass profit expectations

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