A&G News 16 May 2022
Allen & Gledhill advised Singapore Technologies Engineering Ltd (“ST Engg”) on its updated US$5 billion global medium term note programme (“Updated 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.