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