Singapore's Heeton sets up S$300 million multicurrency debt program

By Angela McDaniels

Tacoma, Wash., July 18 - Heeton Holdings Ltd. established a S$300 million multicurrency debt issuance program on Thursday, according to a company news release.

The company may issue notes and senior or subordinated perpetual securities under the program.

DBS Bank Ltd. is the arranger and dealer.

Any notes issued under the program will have a change-of-control put option.

Proceeds will be used for general corporate purposes.

Heeton is a property development company based in Singapore.

© 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.