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Published on 6/14/2018 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

Singapore’s ST Engineering to redeem $500 million 4.8% notes July 16

By Marisa Wong

Morgantown, W.Va., June 14 – Singapore Technologies Engineering Ltd. (ST Engineering) said its subsidiary, ST Engineering Financial I Ltd., plans to redeem in full its outstanding $500 million 4.8% notes due 2019.

The notes will be redeemed on July 16 at a make-whole redemption price of 102.156835 plus accrued interest to but excluding the redemption date.

ST Engineering is a Singapore-based engineering group.


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