By Susanna Moon
Chicago, Jan. 17 – Keppel Land Ltd. priced S$150 million of 2.68% notes due 2023 at par, according to an announcement.
DBS Bank Ltd. is the lead arranger and bookrunner.
The notes will be issued under the company’s S$3 billion multicurrency medium-term note program established in November 2012.
Proceeds will be used for general corporate purposes.
Keppel Land is a subsidiary of Keppel Corp. Ltd., a Singapore company specializing in marine, property and infrastructure businesses.
| Issuer: | Keppel Land Ltd.
|
| Issue: | Fixed-rate notes
|
| Amount: | S$150 million
|
| Maturity: | Jan. 17, 2023
|
| Manager: | DBS Bank Ltd.
|
| Coupon: | 2.68%
|
| Price: | Par
|
| Yield: | 2.68%
|
| Issue date: | Jan. 17
|
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