By Rebecca Melvin
New York, June 2 – Hotel Properties Ltd. said it priced S$170 million of 3.8% notes due 2025, according to a notice of listing.
DBS Bank Ltd. and Oversea-Chinese Banking Corp. Ltd. are the joint lead managers and bookrunners for the offering.
The issue date of the securities is June 2.
Hotel Properties is a Singapore-based hotel and real estate management firm.
| Issuer: | Hotel Properties Ltd.
|
| Issue: | Notes
|
| Amount: | S$170 million
|
| Maturity: | 2025
|
| Bookrunners: | DBS Bank Ltd. and Oversea-Chinese Banking Corp. Ltd.
|
| Coupon: | 3.8%
|
| Issue date: | June 2
|
| Listing date: | June 3
|
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