iFast prices $100m notes due 2029 at 4.328%

It is payable semi-annually in arrears.

iFast Corporation has priced its $100m Series 001 notes due 2029 at 4.328%.

The interest rate for the notes is payable semi-annually in arrears on 11 June and 11 December each year, commencing in 2024.

iFast will issue the notes under the $300,000,000 multicurrency debt issuance programme established on 29 May.

iFast plans to issue the Series 001 Notes on 12 June on SGX-ST at an issue price of 100% of their principal amount in denominations of $10,000 and integral multiples of $5,000 thereafter.

iFast will use the net proceeds from the notes issuance for general corporate purposes, which may include refinancing existing borrowings, financing capital expenditure, investments such as capital injections into its UK-based digital bank, iFAST Global Bank Limited, and general working capital.

Follow the link for more news on

iFAST

notes issuance

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia