On Oct 16, the group announced that the notes carry an issue price of 100% of their principal amount and are set to bear an interest rate of 3.65% per annum. Interest on the notes will be payable semi-annually in arrear on April 23 and Oct 23 in each year.
Sembcorp Industries says its wholly-owned subsidiary, Sembcorp Financial Services, has issued its first fixed rate guaranteed notes of $350 million due 2036, according to an Oct 23 bourse filing.
The notes were issued under the group’s $5 billion euro medium term note programme, which was established on July 31, 2023.
