Thakral Corporation Establishes S$150 Million Multicurrency Medium Term Note Programme

NewTimeSpace News: On April 7, 2026, Thakral Corporation announced that it has established a S$150 million multicurrency medium term note programme. Under the programme, Thakral Corporation may issue notes denominated in Singapore dollars or any other currency from time to time.

The announcement stated that Thakral Corporation has obtained approval-in-principle from the Singapore Exchange (SGX-ST) for the programme and will apply for the listing of the notes. The net proceeds arising from the issue of notes (after deducting issue expenses) will be used for general corporate purposes, which may include refinancing certain existing borrowings, financing capital expenditure, investments, and general working capital of the Group.

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