Singtel: Partners UOB and ADDX on largest foreign currency digital bond in Singapore

Singtel: Partners UOB and ADDX on largest foreign currency digital bond in Singapore

  • Singtel is Asia’s leading communications technology group, providing a portfolio of services from next-generation communication
  • Announced the successful pricing of Singapore’s largest foreign currency digital bond
  • The US$100 million, five-year digital Sustainability-Linked Bond (SLB) is a partnership wholly-owned subsidiary
  • The digital SLB will be drawn down under SGT’s existing S$10 billion Euro Medium Term Note Programme
  • The net proceeds from this issue will be applied by SGT to fund its ordinary course of business
  • UOB is committed to collaborating with industry partners such as ADDX to support corporate clients
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

IG Group Considers Switching Listing from London to New York

The financial services firm explores a potential move to enhance visibility.Highlights: IG Group is weighing a move from...

Huawei and Yowpay Launch Open Banking Smartwatch POS App

Innovative app combines open banking with smartwatch technology for payments.Highlights: Huawei partners with Yowpay to introduce a smartwatch...

UK Banks Reject Opportunity to Lift £100 Contactless Limit

Major UK banks choose not to increase contactless payment thresholds.Highlights: UK banks will not raise the £100 contactless...

Crypto.com Cuts 12% of Workforce Amid AI Shift

The company streamlines operations in response to evolving market dynamics.Highlights: Crypto.com reduces workforce by 12%Focus shifts to AI...