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Sembcorp Financial Services Issues S$300 Million Notes

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Sembcorp Financial Services Issues S$300 Million Notes

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Sembcorp Industries ( (SG:U96) ) has shared an announcement.

Sembcorp Industries Ltd’s subsidiary, Sembcorp Financial Services Pte. Ltd., has successfully issued S$300 million in fixed rate guaranteed notes under its S$5 billion Euro Medium Term Note Programme. The notes, which are due in 2046, have received approval for listing on the Singapore Exchange, marking a significant step in Sembcorp’s financial strategy and enhancing its market position.

The most recent analyst rating on (SG:U96) stock is a Buy with a S$7.49 price target. To see the full list of analyst forecasts on Sembcorp Industries stock, see the SG:U96 Stock Forecast page.

More about Sembcorp Industries

Sembcorp Industries Ltd is a Singapore-based company operating in the energy and urban development sectors. It provides sustainable solutions across utilities, marine, and urban development, focusing on energy and water management, as well as urban planning and development.

Average Trading Volume: 3,527,818

Technical Sentiment Signal: Buy

Current Market Cap: S$12.33B

For a thorough assessment of U96 stock, go to TipRanks’ Stock Analysis page.

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