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Published on 10/12/2022 in the Prospect News Emerging Markets Daily.

New Issue: Singapore’s Koh Brothers adds S$10.5 million 6˝% notes due 2026

Chicago, Oct. 12 – Koh Brothers Group Ltd. priced S$10.5 million of 6˝% notes due 2026, according to a notice.

The notes are being issued under the company’s S$250 million multicurrency medium-term note program.

Bookbuilding was conducted via reverse inquiry.

CIMB Bank Bhd., Singapore Branch was the sole lead manager and bookrunner.

Proceeds will be used for general corporate purposes, including investments and capital expenditure requirements of the company and its subsidiaries.

The notes are fungible with the S$12.25 million of notes that are being issued via an exchange offer.

Koh Brothers is a Singapore-based investment holding company that provides construction and engineering services.

Issuer:Koh Brothers Group Ltd.
Amount:S$10.5 million
Issue:Notes
Maturity:April 17, 2026
Bookrunners:CIMB Bank Bhd., Singapore Branch
Coupon:6˝%
Announcement date:Oct. 12
Settlement date:Oct. 18
Total issue size:S$22.75 million with S$12.25 million from an exchange offer

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