Singapore Technologies Engineering Ltd’s $1 Billion Fixed Rate Notes

Allen & Gledhill advised Singapore Technologies Engineering Ltd on the matter.

Singapore Technologies Engineering Ltd (“ST Engg”) announced the updated US$5 billion global medium term note programme, and its wholly owned subsidiary, ST Engineering Urban Solutions USA Inc. (“STE URS USA”) on the issue of US$700 million 3.375% notes due 2027 and US$300 million 3.75% notes due 2032.

ST Engg is the guarantor of the Updated Programme.

Under the Updated Programme, notes may be issued by ST Engineering RHQ Ltd. (“STEnggRHQ”), ST Engineering Treasury Pte. Ltd. (“STEnggT”) and STE URS USA.

ST Egg operates as an engineering firm.

Advising ST Engg, STE URS USA, STEnggRHQ and STEnggT were Allen & Gledhill Partners Tan Tze Gay (Picture), Bernie Lee and Sunit Chhabra.

Involved fees earner: Sunit Chhabra – Allen & Gledhill LLP; Bernie Lee – Allen & Gledhill LLP; Tan Tze Gay – Allen & Gledhill LLP;

Law Firms: Allen & Gledhill LLP;

Clients: ST Engg; STE URS USA; STEnggRHQ ; STEnggT ;

Sonia Carcano

Author: Sonia Carcano