By Marisa Wong
Madison, Wis., May 22 - Ezion Holdings Ltd. said it issued S$110 million of 4.7% notes due 2019.
DBS Bank Ltd. was the lead manager and bookrunner for the offering.
This is the third series of notes issued under the company's S$500 million multicurrency debt issuance program established on May 9, 2012.
Proceeds from the series 003 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 Thursday.
Based in Singapore, Ezion specializes in marine logistics and support for the offshore oil and gas industries.
Issuer: | Ezion Holdings Ltd.
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Issue: | Series 003 notes
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Amount: | S$110 million
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Maturity: | May 22, 2019
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Bookrunner: | DBS Bank Ltd.
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Coupon: | 4.7%
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Announcement date: | May 22
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