As reported in today's Business Times, Keppel announced that it has set up a special purpose subsidiary Keppel Structured Notes Pte Ltd establish a $1b structured note programme for the general corporate funding purposes of the group. The subsidiary will from time to time issue structured notes for various purposes, including "(without limitation) the financing or refinancing of the acquisition by the group of land, property and/ or buildings and other assets undertaken by the group and/ or general working capital requirements of the group", a preliminary prospectus lodged with the MAS. The directors of Keppel Structured Notes are group treasury general manager Lynn Koh Beow Ko and the group controller, group control and accounts, Paul Tan Poh Lee. The notes may be linked to equity, credit, index, currencies, commodities or they may be interest rate notes, fixed income notes, floating rate notes, or even zero coupon notes. The money, which will be arrranged by Societe Generale (SG) will be guaranteed by KEP. The latest financing facility is in addition to facilities that KEP already has in place, including a $300m floating rate notes programme issued last year and due in 2020 under its US$600m multi-currency medium term note programme established in 2000.As reported in today's Business Times, Keppel announced that it has set up a special purpose subsidiary Keppel Structured Notes Pte Ltd establish a $1b structured note programme for the general corporate funding purposes of the group. The subsidiary will from time to time issue structured notes for various purposes, including "(without limitation) the financing or refinancing of the acquisition by the group of land, property and/ or buildings and other assets undertaken by the group and/ or general working capital requirements of the group", a preliminary prospectus lodged with the MAS. The directors of Keppel Structured Notes are group treasury general manager Lynn Koh Beow Ko and the group controller, group control and accounts, Paul Tan Poh Lee. The notes may be linked to equity, credit, index, currencies, commodities or they may be interest rate notes, fixed income notes, floating rate notes, or even zero coupon notes. The money, which will be arrranged by Societe Generale (SG) will be guaranteed by KEP. The latest financing facility is in addition to facilities that KEP already has in place, including a $300m floating rate notes programme issued last year and due in 2020 under its US$600m multi-currency medium term note programme established in 2000.