General Announcement::Disclosure of Information - October 15, 2019

Issuer & Securities

Issuer/ Manager
SMC GLOBALPOWER HOLDINGS CORP.
Securities
SMC GLOBAL US$300M7.5%CAPSEC - XS1061082696 - 3N5B
SMC GLOB US$300M6.75% CS210226 - XS1277512775 - 34MB
SMC GLOBALUS$500M6.5%PERCAPSEC - XS1896598908 - KQUB
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
15-Oct-2019 16:33:20
Status
New
Announcement Sub Title
Disclosure of Information - October 15, 2019
Announcement Reference
SG191015OTHRVIY4
Submitted By (Co./ Ind. Name)
Securities Market Control
Designation
SGX-ST
Description (Please provide a detailed description of the event in the box below)
We advise that the Board of Directors of the Corporation, in a Special Meeting held on 7 October 2019, authorized the issuance of up to USD500,000,000.00 in Undated Senior Perpetual Capital Securities (the "Securities") or such amount as Management may later determine, based on prevailing market conditions and as may be advantageous to the Corporation. The net proceeds from the issuance of the Securities will be used and applied by the Corporation for capital expenditures that will be incurred for the purchase, construction and installation of machinery, equipment and power-related assets and facilities of the Corporation and its subsidiaries and for general corporate purposes. The Securities will be constituted by a trust deed by and between the Corporation and DB Trustees (Hong Kong) Limited as trustee and will be listed on the Singapore Exchange Securities Trading Limited.

Attachments

SMC Global Disclosure of Info 10152019.pdf
Total size =297K

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