Thakral prices S$70 million 5% notes due 2029

Reuters04-07

Thakral prices S$70 million 5% notes due 2029

Thakral priced SGD 70 million 5% fixed-rate notes due 2029 under its SGD 150 million multicurrency medium-term note programme.
Notes set to price at 100, sold in SGD 250,000 denominations.
Settlement expected April 14, 2026; maturity set for April 14, 2029.
Proceeds earmarked for up to SGD 50 million to buy an additional 81.64% stake in Thakral Investments Private Limited; remainder for development spending, refinancing, working capital.
Phillip Securities appointed sole bookrunner; SGX-ST listing targeted for April 15, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Thakral Corporation Ltd. published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: 67ZAHFM4RJAXYTSS) on April 07, 2026, and is solely responsible for the information contained therein.

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