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Prospect News home > News index > List of issuers H > Headlines for Hong Leong Asia Ltd. > News item
Published on 4/26/2006 in the Prospect News Emerging Markets Daily.

Singapore's Hong Leong Asia to redeem S$50 million of 2008 notes

By Reshmi Basu

New York, April 26 - Hong Leong Asia Ltd. said it plans to redeem S$50 million of its unsecured hybrid notes due 2008.

The notes, which bear an interest rate of 2.685%, were issued on May 16, 2005 under the company's medium-term note program.

Hong Leong Asia is the manufacturing arm of conglomerate Hong Leong Group.


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