By Taylor Fox
New York, Sept. 10 – GSH Corp. Ltd. announced it priced another S$30 million of 5.2% two-year fixed-rate notes under its S$800 million multicurrency medium-term note program.
The series 4 notes will be issued at par.
DBS Bank Ltd. is the dealer.
GSH previously issued S$50 million of the notes on Oct. 21, 2019.
Proceeds will be used for general corporate purposes, including refinancing borrowings, financing investments, general working capital and capital expenditures.
GSH is a Singapore-based property developer with projects in Malaysia and Singapore.
Issuer: | GSH Corp. Ltd.
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Issue: | Fixed-rate medium-term notes, series 4
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Amount: | S$30 million add-on
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Maturity: | Oct. 21, 2022
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Dealer: | DBS Bank Ltd.
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Coupon: | 5.2%
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Price: | Par
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Yield: | 5.2%
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Announcement date: | Sept. 10
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Settlement date: | Sept. 17
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Original issue: | S$50 million issued on Oct. 21, 2019
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Total amount: | S$80 million
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