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.