By Marisa Wong
Morgantown, W.Va., Jan. 12 – Heeton Holdings Ltd. said it priced S$118 million of 3˝-year notes at par with a fixed coupon of 6.08%.
The series 004 notes will be issued under the company’s S$300 million multicurrency debt issuance program.
Oversea-Chinese Banking Corp. Ltd. is the lead manager and bookrunner.
Proceeds will be used for general working capital and corporate funding, including financing investments and refinancing existing debt.
Heeton is a Singapore property development and property investment company.
| Issuer: | Heeton Holdings Ltd.
|
| Issue: | Fixed-rate notes, series 004
|
| Amount: | S$118 million
|
| Maturity: | July 19, 2021
|
| Bookrunner: | Oversea-Chinese Banking Corp. Ltd.
|
| Coupon: | 6.08%
|
| Price: | Par
|
| Yield: | 6.08%
|
| Put option: | Upon change of shareholding event
|
| Pricing date: | Jan. 12
|
| Settlement date: | Jan. 19
|
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