The notes will be issued in denominations of US$200,000 and integral multiples of US$1,000 in excess thereof.
STE TransCore, the wholly-owned subsidiary of Singapore Technologies Engineering (ST Engineering) (SGX:S63
) , has priced US$500 million ($670.0 million) worth of notes under the group’s $5 billion global medium term note programme.
The notes, which will bear interest at a fixed rate of 4.125% per annum (p.a.), will mature on May 23, 2026.
