iFAST Corporation Debuts S$100M Fixed-Rate Notes

iFAST Corporation Ltd (SG:AIY) has released an update.

iFAST Corporation Ltd has successfully priced its first issuance of S$100 million fixed-rate notes at 4.328% due in 2029, under its S$300 million multicurrency debt program. The notes, launching on June 11, 2024, will finance a range of corporate activities, including investments in the Group’s UK-based digital bank. They will be listed on the Singapore Exchange and are structured to be direct, unconditional, and on par with the company’s future unsecured obligations.

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