By Susanna Moon
Chicago, May 27 - Heeton Holdings Ltd. said it priced S$60 million of 5.9% notes due 2017 at par.
DBS Bank Ltd. and Hongkong and Shanghai Banking Corp. Ltd., Singapore branch are the joint lead managers and bookrunners.
The series 002 notes were issued under the company's S$300 million multicurrency debt issue program, according to a company press release.
Proceeds will be used for general corporate purposes including refinancing of borrowings, financing investments and for general working capital.
Heeton is a Singapore property development and property investment company.
| Issuer: | Heeton Holdings Ltd.
|
| Issue: | Series 002 notes
|
| Amount: | S$60 million
|
| Maturity: | June 2, 2017
|
| Bookrunners: | DBS Bank Ltd. and Hongkong and Shanghai Banking Corp. Ltd., Singapore branch
|
| Coupon: | 5.9%
|
| Price: | Par
|
| Yield: | 5.9%
|
| Pricing date: | May 26
|
| Settlement date: | June 2
|
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