Sembcorp Industries Ltd.’s S$300 Million Sustainability-Linked Notes

Allen & Gledhill advised Sembcorp Industries Ltd on the issuance.

Sembcorp Financial Services Pte. Ltd. (“SFS”) issued S$300 million 3.735% sustainability-linked notes due 2029 under the S$3 billion multicurrency debt issuance programme established by Sembcorp Industries Ltd and SFS. 

Including the Notes, Sembcorp Group will have successfully raised approximately S$1.4 billion of green and sustainable financing within a year to support its strategic transformation from brown to green.

Sembcorp Industries Ltd. (SGX:U96) is a leading energy and urban development player, driven by its purpose to do good and play its part in creating a sustainable future.

The Allen & Gledhill team was led by Partner Bernie Lee (Picture) and Counsel Kern Wong.

Involved fees earner: Bernie Lee – Allen & Gledhill LLP; Kern Wong – Allen & Gledhill LLP;

Law Firms: Allen & Gledhill LLP;

Clients: Sembcorp Industries;

Sonia Carcano

Author: Sonia Carcano