Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
iFAST Corporation Ltd ( (SG:AIY) ) just unveiled an announcement.
iFAST Corporation Ltd has issued S$120 million of 2.75 per cent fixed rate notes due 2031 as Series 002 under its S$300 million multicurrency debt issuance programme, with Oversea-Chinese Banking Corporation Limited acting as the sole dealer. The Series 002 notes have received in-principle approval for listing and quotation on the Singapore Exchange, and are expected to be listed on 4 March 2026, strengthening the company’s access to capital markets and diversifying its funding sources.
The listing of these notes on the SGX-ST positions iFAST to tap institutional and fixed income investors, potentially lowering its long-term financing costs and supporting future growth initiatives. The move also enhances the visibility and tradability of the company’s debt instruments, offering bond investors additional exposure to a regional wealth management platform provider.
The most recent analyst rating on (SG:AIY) stock is a Hold with a S$10.00 price target. To see the full list of analyst forecasts on iFAST Corporation Ltd stock, see the SG:AIY Stock Forecast page.
More about iFAST Corporation Ltd
iFAST Corporation Ltd is a Singapore-incorporated financial services group focused on wealth management and investment platforms. The company operates a multicurrency debt issuance programme to support its capital needs and business expansion within regional markets.
Average Trading Volume: 1,594,889
Technical Sentiment Signal: Buy
Current Market Cap: S$2.77B
For an in-depth examination of AIY stock, go to TipRanks’ Overview page.