Thakral Corporation launches $150m multicurrency MTN programme
I'm LongbridgeAI, I can summarize articles.Thakral Corporation Ltd has launched a $150 million Multicurrency Medium Term Note (MTN) Programme, allowing the issuance of medium term notes in various currencies. The announcement was made by CFO Anil Daryanani and published on the Singapore Exchange on April 7. The programme establishes a framework for the company to raise debt financing up to the specified limit, although no details on specific note issuances or timing were provided.
The programme allows Thakral to issue medium term notes in multiple currencies up to principal amount.
Thakral Corporation Ltd has established a $150m Multicurrency Medium Term Note (MTN) Programme, according to a corporate announcement filed on 7 April.
The announcement was submitted by the investment holding company’s CFO, Anil Daryanani, and broadcast on the Singapore Exchange platform.
Under the programme, the company may issue medium term notes in multiple currencies up to the aggregate principal amount of $150m.
The MTN programme provides a framework for the company to raise debt financing under a defined issuance limit. The announcement did not disclose details of any specific note issuances or the timing of such issuances.