Singtel Group Treasury Pte. Ltd.’s S$1 Billion Perpetual Securities

Allen & Gledhill advised Singapore Telecommunications Limited and Singtel Group Treasury Pte. Ltd. on the issue of S$1 billion 3.30% subordinated perpetual securities by Singtel Group Treasury under its S$10 billion guaranteed Euro medium term note programme.

The Securities are guaranteed by Singtel.

The issue of the Securities is the largest digital bond issuance on Marketnode’s digital asset issuance, depository and servicing platform to date. 

Advising Singtel and Singtel Group Treasury as to Singapore law were Allen & Gledhill Partners Yeo Wico (Picture), Bernie Lee and Sunit Chhabra.

Involved fees earner: Sunit Chhabra – Allen & Gledhill LLP; Bernie Lee – Allen & Gledhill LLP; Yeo Wico – Allen & Gledhill LLP;

Law Firms: Allen & Gledhill LLP;

Clients: Singtel; Singtel Group Treasury Pte. Ltd. ;

Author: Sonia Carcano