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iFAST Corporation Ltd ( (SG:AIY) ) just unveiled an announcement.
iFAST Corporation has priced S$120 million of 2.75 per cent fixed rate notes due 2031 under its S$300 million multicurrency debt issuance programme, with the notes to be issued on 3 March 2026. Oversea-Chinese Banking Corporation is acting as sole dealer, and the notes are offered to institutional and accredited investors in Singapore and outside the United States under Regulation S.
iFAST will issue the Series 002 notes at par in S$5,000 denominations, paying semi-annual interest and ranking as direct, unsubordinated and unsecured obligations pari passu with its other unsecured debt. Net proceeds will be used for general corporate purposes, including refinancing, capital expenditure, investments and potential capital injections into iFAST Global Bank, with application to list the notes on the Singapore Exchange, supporting the Group’s funding flexibility and digital banking growth plans.
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 that operates an online investment and wealth management platform. The Group offers a range of investment products and digital banking services, with a growing focus on its UK-based digital bank, iFAST Global Bank Limited, to support its international expansion strategy.
Average Trading Volume: 1,372,506
Technical Sentiment Signal: Buy
Current Market Cap: S$2.86B
For detailed information about AIY stock, go to TipRanks’ Stock Analysis page.