By Christine Van Dusen
Atlanta, Nov. 26 - Singapore's GuocoLand Ltd. priced S$125 million three-year notes at par to yield 3.55%, a market source said.
Credit Suisse and HSBC were the bookrunners for the Regulation S deal.
The proceeds will be used for general working capital and corporate requirements, including the refinancing of existing borrowings.
GuocoLand is an investment holding company that focuses on real estate properties in Singapore, China, Malaysia and Vietnam.
| Issuer: | GuocoLand Ltd.
|
| Amount: | S$125 million
|
| Maturity: | Dec. 2, 2016
|
| Description: | Senior notes
|
| Bookrunners: | Credit Suisse, HSBC
|
| Coupon: | 3.55%
|
| Price: | Par
|
| Yield: | 3.55%
|
| Trade date: | Nov. 25
|
| Settlement date: | Dec. 2
|
| Distribution: | Regulation S
|
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