By Marisa Wong
Madison, Wis., Oct. 10 - Enviro-Hub Holdings Ltd. said it priced S$30 million of 8½% notes due 2015 at par on Thursday.
The notes will be guaranteed by subsidiaries EH Property & Investments Pte. Ltd. and QF Properties Pte. Ltd.
Proceeds will be used to help fund the company's acquisition of the entire issued and paid-up share capital of F2S1 Investment Pte. Ltd. and the acquisition of units at the Lam Soon Industrial Building, as well as for general corporate purposes.
Settlement is slated for Oct. 17.
Enviro-Hub is a recycling and e-waste management company based in Singapore.
| Issuer: | Enviro-Hub
|
| Guarantors: | EH Property & Investments Pte. Ltd. and QF Properties Pte. Ltd.
|
| Issue: | Notes
|
| Amount: | S$30 million
|
| Maturity: | Oct. 16, 2015
|
| Coupon: | 8½%
|
| Price: | Par
|
| Yield: | 8½%
|
| Pricing date: | Oct. 10
|
| Settlement date: | Oct. 17
|
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