ST Telemedia Raises $300 Million

Posted on 01/11/2019

Singapore Technologies Telemedia’s (ST Telemedia) had a US$ 300 million offering of subordinated perpetual securities. Investors in Singapore accounted for 99% of the offering. Institutional investors and fund managers scooped up 36% of the offering. ST Telemedia is majority-owned by Singapore’s Temasek Holdings. ST Telemedia can call the notes after five years. The offering was […]