Singapore's TEE sets up S$350 million multicurrency MTN program

By Marisa Wong

Madison, Wis., Dec. 2 - TEE International Ltd. announced that it established a S$350 million multicurrency medium-term note program on Nov. 29.

United Overseas Bank Ltd. is the lead arranger and dealer for the program.

Proceeds will be used for general corporate purposes, including refinancing existing borrowings and financing working capital, acquisitions, investments and capital expenditure requirements.

TEE is an engineering and property development company based in Singapore.

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