By Christine Van Dusen
Atlanta, March 11 - Singapore's Amtek Engineering Ltd. priced S$200 million five-year notes at par to yield 6.9% on Tuesday, a market source said.
DBS Bank and Standard Chartered Bank were the bookrunners for the Regulation S deal.
The proceeds will be used to finance general corporate purposes, including acquisitions, expansions, general working capital, capital expenditure and investments, as well as to refinance existing borrowings.
Amtek is a Singapore-based manufacturing services provider.
| Issuer: | Amtek Engineering Ltd.
|
| Amount: | S$200 million
|
| Maturity: | March 20, 2019
|
| Description: | Notes
|
| Bookrunners: | DBS, Standard Chartered Bank
|
| Coupon: | 6.9%
|
| Price: | Par
|
| Yield: | 6.9%
|
| Call feature: | Callable from March 20, 2017
|
| Trade date: | March 11
|
| Settlement date: | March 20
|
| Distribution: | Regulation S
|
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