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Mapletree Treasury Services to issue S$300M of notes

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Mapletree Treasury Services to issue S$300M of notes

Singapore's Mapletree Treasury Services Ltd. plans to issue S$300 million of notes under its US$5 billion Euro medium-term note program.

The fixed-rate notes, which carry an interest rate of 3.40% and mature in 2026, will be issued Sept. 3.

They will be listed on Singapore Exchange Securities Trading Ltd, according to an Aug. 27 release. Proceeds from the issuance will be used for general corporate purposes.

As of Aug. 27, US$1 was equivalent to S$1.36.