Thakral Corporation Ltd announced on Apr, 07 2026 that it has established a 150 million Singapore dollars multicurrency medium-term note (MTN) programme.
Under the programme, the company may issue notes in Singapore dollars or other currencies with various amounts, maturities and fixed, floating or zero coupon structures. Phillip Securities Pte Ltd has been appointed as arranger and dealer.
Proceeds, after deducting issue expenses, will be used for general corporate purposes, including refinancing existing debt, funding capital expenditure, investments and working capital.
The company has secured in-principle approval from Singapore Exchange Securities Trading Limited to list any notes issued under the programme, subject to final approvals at the time of each issuance.