multi-currency debt issuance programme

SGX poised for first fund-raising since IPO in 2000 with $1.5 bil debt programme

SINGAPORE (Oct 17): Singapore Exchange has established its $1.5 billion multi-currency debt issuance programme, giving it additional funding for potential investments and for general working capitals.

If and when SGX draws from this programme, it will be the exchange’s first fund-raising since its IPO in 2000.

The exchange, which is debt-free, holds a cash balance of some $666.7 million as at June 30, down from $831.6 million as at June 30 2018.

Frasers Centrepoint Limited sets up $5 bil multi-currency debt programme

SINGAPORE (Jan 17): Frasers Centrepoint Limited announced that FCL Treasury, a wholly-owned subsidiary of the company, has established a $5 billion multi-currency debt issuance programme on Monday.

The net proceeds from each issue of securities under the programme will be used by the group for the refinancing of borrowings, financing of potential acquisition and investment opportunities as well as working capital requirements and general corporate purposes.

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