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

One in Seven UK High Street Shops Adopt Cashless Payments

New survey reveals a significant shift towards cashless transactions.Highlights: One in seven UK high street shops went cashless...

Morgan Stanley to Cut 2,500 Staff Across Divisions

The bank aims to streamline operations amidst economic uncertainties.Highlights: Morgan Stanley plans to cut 2,500 jobs across various...

Lloyds to Sell Customer Data to Cut IT Costs and Strengthen Fintech Position

The bank aims to optimize operations and enhance its fintech offerings.Highlights: Lloyds is selling customer data to reduce...

Robinhood Launches $695 Annual Platinum Credit Card, Challenging Amex

The new offering aims to disrupt the premium credit card market.Highlights: Robinhood's new Platinum credit card costs $695...