29 January 2024

Allen & Gledhill advised STT GDC Pte. Ltd. (“STT GDC”) on the issue of S$450 million 5.70% sustainability-linked perpetual (“SLP”) securities under its $1.5 billion multicurrency debt issuance programme.

This is the first public benchmark SLP in Asia, the first Singapore dollar-denominated SLP, and the first public perpetual securities issued by a pure play data centre.

Advising STT GDC were Allen & Gledhill Partners Margaret Chin, Delwin Singh, and Sunit Chhabra.

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