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Seatrium Limited ( (SG:5E2) ) has issued an announcement.
Seatrium Limited, headquartered and listed in Singapore, is a leading provider of specialised engineering solutions for the offshore, marine and energy sectors, operating an integrated network of advanced yards and technology centres in 15 countries. Its core segments span oil and gas newbuilds and conversions, offshore wind, and repairs and upgrades, with a product portfolio that includes FPSOs, FPUs, offshore converter platforms and a range of offshore installation vessels.
The company announced that its wholly owned subsidiary Seatrium Financial Services Pte. Ltd. has issued S$400 million of 2.95 per cent fixed rate notes due 2031 under its S$3 billion multicurrency debt issuance programme. The notes, guaranteed by Seatrium, have received in-principle approval for listing on the Singapore Exchange, bolstering the group’s access to capital markets and funding flexibility through support from major banks acting as global coordinators and bookrunners.
DBS Bank Ltd. and Standard Chartered Bank (Singapore) Limited are joint global coordinators, lead managers and bookrunners for the issuance, with HSBC’s Singapore branch as joint lead manager and bookrunner. The listing of the Series 001 notes on the SGX-ST from 29 April 2026 is expected to enhance Seatrium’s visibility among fixed-income investors and support its ongoing capital needs as it pursues growth across traditional and energy-transition-related projects.
The most recent analyst rating on (SG:5E2) stock is a Buy with a S$3.00 price target. To see the full list of analyst forecasts on Seatrium Limited stock, see the SG:5E2 Stock Forecast page.
More about Seatrium Limited
Seatrium Limited, headquartered and listed in Singapore, is a leading provider of specialised engineering solutions for the global offshore, marine and energy sectors. With over 60 years of experience, it operates in 15 countries, focusing on oil and gas newbuilds and conversions, offshore wind, and repairs and upgrades, including FPSOs, FPUs and offshore converter platforms.
The group’s diversified portfolio and longstanding relationships with major energy companies and transmission system operators position it to play a key role in the global energy transition. It is expanding into areas such as carbon capture and storage and new energy solutions, underpinned by a strong emphasis on safety, innovation and sustainability to create long-term value for stakeholders.
Average Trading Volume: 16,301,875
Technical Sentiment Signal: Hold
Current Market Cap: S$8.16B
See more data about 5E2 stock on TipRanks’ Stock Analysis page.