Singapore's Aspial sets up S$500 million multicurrency MTN program

By Marisa Wong

Madison, Wis., June 10 - Aspial Corp. Ltd. said it established a S$500 million multicurrency medium-term note program.

DBS Bank Ltd. is the arranger and dealer of the program.

Proceeds will be used to finance general corporate funding requirements or investments, including refinancing existing borrowings, and for working capital and capital expenditure requirements.

Aspial is a Singapore-based jeweler.

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