Keppel prices issue of S$200 million notes due 2026

Singapore five-dollar note Photo by Leslie Shaffer

Keppel Corp. priced the issue of S$200 million notes due 2026 at 3.00 percent a year under its US$5 billion multi-currency medium-term note program, the company said in a filing to SGX Tuesday.

The net proceeds will be used for general corporate and working capital purposes, Keppel said.

The notes are expected to be issued on or around 1 October and Keppel plans to apply to SGX to list the notes on the exchange.

OCBC was appointed the sole dealer for the notes, the filing said.

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