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Great Eastern Holdings Limited ( (SG:G07) ) has shared an update.
Great Eastern Life Assurance Company Limited has successfully priced a US$500 million fixed rate perpetual capital securities issuance under its Euro Medium Term Note Programme. These securities, first callable in 2032, are expected to strengthen the company’s capital position as Additional Tier 1 capital, with a rating of ‘A’ by Standard & Poor’s, and are targeted at institutional investors in Singapore and outside the United States.
More about Great Eastern Holdings Limited
Great Eastern Holdings Limited operates in the insurance industry, primarily providing life assurance products and services. The company focuses on offering a range of financial and insurance solutions to its customers, leveraging its strong market presence and expertise in the sector.
YTD Price Performance: 0%
Technical Sentiment Consensus Rating: Sell
Current Market Cap: S$12.21B
See more data about G07 stock on TipRanks’ Stock Analysis page.
