By Marisa Wong
Madison, Wis., May 22 - Ezion Holdings Ltd. said it issued S$100 million of 5¼% notes due May 22, 2015.
DBS Bank Ltd. was the lead manager and bookrunner for the offering.
This is the first series of notes issued under the company's S$500 million multicurrency debt issuance program established on May 9.
Proceeds from the series 001 notes will be used for general corporate purposes, including the financing of investments in offshore and marine assets.
The notes are expected to be listed on the Singapore Exchange Securities Trading Ltd. on Wednesday.
Based in Singapore, Ezion specializes in marine logistics and support for the offshore oil and gas industries.
| Issuer: | Ezion Holdings Ltd.
|
| Issue: | Series 001 notes
|
| Amount: | S$100 million
|
| Maturity: | May 22, 2015
|
| Coupon: | 5¼%
|
| Bookrunner: | DBS Bank Ltd.
|
| Announcement date: | May 22
|
© 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.
