By Marisa Wong
Morgantown, W.Va., May 31 – GSH Corp. Ltd. announced it priced S$60 million of 5.15% three-year notes under its recently established S$800 million multicurrency medium-term note program.
The notes will be issued at par.
DBS Bank Ltd. is the lead manager and bookrunner.
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.
|
| Issue: | Fixed-rate medium-term notes
|
| Amount: | S$60 million
|
| Maturity: | June 7, 2019
|
| Coupon: | 5.15%
|
| Price: | Par
|
| Yield: | 5.15%
|
| Bookrunner: | DBS Bank Ltd.
|
| Announcement date: | May 31
|
| Settlement date: | June 7
|
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