New Issue: Singapore's Swiber prices S$100 million three-year bonds in two tranches at 4%

By Aaron Hochman-Zimmerman

New York, March 28 - Swiber Holdings Ltd. priced S$100 million three-year bonds in two tranches, according to a press release.

Swiber priced a S$50 million fixed-rate tranche and a S$50 million floating-rate tranche with a combined interest rate of about 4%, the release said.

Oversea-Chinese Banking Corp. was lead manager for the deal.

Swiber is a Singapore-based gas and oil services provider.

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