Singapore’s Swissco has established an SGD 300m ($236m) multi-currency medium term note programme, it said in a stock exchange announcement.

Oversea-Chinese Banking Corporation has been appointed to act as sole arranger of the project.

Swissco will be able to issue notes in SGD or any other currency, following an agreement between the relevant dealers.

Net proceeds from the notes issuance will be used for general corporate purposes and working capital needs.

Swissco