Published on 8/14/2013 in the Prospect News Emerging Markets Daily.
New Issue: Singapore's Sembcorp prices S$200 million 5% perpetual notes at par
By Christine Van Dusen
Atlanta, Aug. 14 - Singapore's Sembcorp Industries Ltd. priced S$200 million 5% perpetual notes at par to yield 5%, a market source said.
DBS Bank, HSBC and Oversea-Chinese Banking Corp. were the bookrunners for the deal.
Sembcorp is an engineering and construction contractor in Singapore.
Issuer: | Sembcorp Industries Ltd.
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Amount: | S$200 million
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Maturity: | Perpetual
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Description: | Notes
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Bookrunners: | DBS Bank, HSBC, Oversea-Chinese Banking Corp.
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Coupon: | 5%
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Price: | Par
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Yield: | 5%
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Trade date: | Aug. 13
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