By Marisa Wong
Los Angeles, March 9 – Aspial Corp. Ltd. priced S$50 million of 6˝% three-year notes at par, according to a notice.
DBS Bank Ltd. and Oversea-Chinese Banking Corp. Ltd. are the joint lead managers and bookrunners.
The series 007 notes will be issued under the company’s S$700 million multicurrency debt issuance program.
Proceeds will be used to finance existing borrowings and for general corporate purposes.
Aspial is a Singapore-based jeweler.
| Issuer: | Aspial Corp. Ltd.
|
| Issue: | Notes, series 007
|
| Amount: | S$50 million
|
| Maturity: | March 20, 2023
|
| Bookrunners: | DBS Bank Ltd. and Oversea-Chinese Banking Corp. Ltd.
|
| Coupon: | 6˝%
|
| Price: | Par
|
| Yield: | 6˝%
|
| Announcement date: | March 9
|
| Settlement date: | March 20
|
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