Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers N > Headlines for Neptune Orient Lines Ltd. > News item |
Singapore's Neptune Orient plans Singapore dollar perpetual notes
By Marisa Wong
Madison, Wis., March 27 - Neptune Orient Lines Ltd. said it plans to issue Singapore dollar-denominated perpetual capital securities.
DBS Bank Ltd., the Hongkong and Shanghai Banking Corp. Ltd., Oversea-Chinese Banking Corp. Ltd. and Standard Chartered Bank will be joint lead managers for the proposed Regulation S offering. DBS Bank will also act as the global coordinator.
Proceeds will be used for general corporate purposes.
The transaction is expected to launch following investor meetings in Singapore beginning on Tuesday.
Neptune Orient Lines is a Singapore-based container shipping and logistics services company.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.