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

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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.

    DBS

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