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ST Telemedia's GDC prices additional $50 mil sustainability-linked perpetual securities

Bryan Wu
Bryan Wu • 1 min read
ST Telemedia's GDC prices additional $50 mil sustainability-linked perpetual securities
The latest securities will be consolidated to form a single series with the existing $450 million SLP securities issued on Jan 15. Photo: ST Telemedia
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ST Telemedia Global Data Centres has priced an additional $50 million sustainability-linked perpetual (SLP) securities due 2030 under the company’s $1.5 billion multicurrency debt issuance programme. 

The latest issue of securities will be consolidated and form a single series with the existing $450 million sustainability-linked perpetual securities issued on Jan 15.

The series will bear a coupon of 5.7% per annum, payable semi-annually in arrears with a tenor of six years, with net proceeds to be used for the company’s general corporate purposes.

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