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

Swedish Court Delays Judgment in Klarna’s Antitrust Case Against Google

The court's decision is crucial for Klarna's operations in the competitive market.Highlights: Swedish court delays decision on Klarna's...

Morgan Stanley Launches Bitcoin ETF, Expanding Crypto Offerings

The investment firm broadens its reach into the cryptocurrency market.Highlights: Morgan Stanley launches a Bitcoin ETF to enhance...

HSBC Strengthens Position with Hong Kong Stablecoin Issuer License

The banking giant aims to support digital asset initiatives in the region.Highlights: HSBC receives a stablecoin issuer license...

US Treasury Secretary Warns Banks About Anthropic’s New AI Model

Treasury Secretary highlights risks AI poses to financial stability.Highlights: US Treasury Secretary warns banks about the risks of...