TAT HONG EQUIP issues 10th SGD digital commercial paper, aims to raise SGD30–35 million at 4.40% coupon

Bulletin Express

Jul 09

Tat Hong Equipment Service Co., Ltd. (TAT HONG EQUIP) has initiated its tenth tranche of commercial papers under the SDAX Multicurrency CP Facility Programme, according to a voluntary announcement released on 9 July 2026.

The “3-month SGD Series 010 Issuance” is denominated in Singapore dollars, carries a fixed coupon of 4.40% per annum, and will mature in roughly three months from issuance.

The company targets proceeds of between SGD30 million and SGD35 million from accredited and institutional investors. All funds raised are designated for working-capital needs across TAT HONG EQUIP’s core operations.

This issuance follows the SGD50 million multicurrency, multi-series unsecured and unsubordinated commercial paper programme launched on 3 April 2024, which allows the group to place security tokens on the SDAX digital securities platform.

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