-Standard Chartered Bank, OCBC handle SBS Transit MTN sale.
BANKING AND CREDIT NEWS-October 22, 2010--Standard Chartered Bank, OCBC handle SBS Transit MTN sale(C)2010 M2 COMMUNICATIONS http://www.m2.com
22 October 2010 - Standard Chartered Bank and OCBC have been hired lead managers for Singaporean public transport services provider SBS Transit Ltd's (SIN:S61) forthcoming SGD100m (USD76.8m/EUR55.2m) medium-term note (MTN) issue, Reuters reported.
The MTN will be placed on 26 October 2010.
The security bears a fixed coupon of 1.95%, which will be paid on a semi-annual basis starting 26 April 2011. The debt is scheduled to mature on 26 October 2015.
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|Publication:||M2 Banking & Credit News (BCN)|
|Date:||Oct 22, 2010|
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