Establishment of S$2 billion Euro medium term note programme and issue of S$800 million notes by NTUC Income Insurance Co-operative Limited

A&G News 17 August 2020

Allen & Gledhill advised NTUC Income Insurance Co-operative Limited (“NTUC Income”) on the establishment of its S$2 billion Euro medium term note programme (“Programme”) and the issue of its S$800 million 3.10 per cent. secured notes due 2050 (the “Notes”) under the Programme.

Advising NTUC Income were Allen & Gledhill Partners Tan Tze Gay, Glenn Foo and Bernie Lee.

Advising NTUC Income on tax issues was Allen & Gledhill Partner Sunit Chhabra.