By Marisa Wong
Morgantown, W.Va., Oct. 19 – Koh Brothers Group Ltd. priced S$70 million of 5.1% five-year notes at par, according to a company announcement.
DBS Bank Ltd. and Maybank Kim Eng Securities Pte. Ltd. are joint bookrunners for the issue. DBS Bank is also global coordinator.
The notes will be issued under the company’s S$250 million multicurrency medium-term note program. Settlement is slated for Oct. 27.
Proceeds will be used for general corporate purposes, including financing investments, repaying borrowings, general working capital and capital expenditure requirements.
Koh Brothers is a Singapore-based investment holding company that provides construction and engineering services.
| Issuer: | Koh Brothers Group Ltd.
|
| Issue: | Medium-term notes
|
| Amount: | S$70 million
|
| Maturity: | Oct. 27, 2022
|
| Coupon: | 5.1%
|
| Price: | Par
|
| Yield: | 5.1%
|
| Bookrunners: | DBS Bank Ltd. and Maybank Kim Eng Securities Pte. Ltd.
|
| Announcement date: | Oct. 19
|
| Settlement date: | Oct. 27
|
|
|
|
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
