Singapore's Swiber lifts MTN program to S$1 billion, adds perpetuals

By Marisa Wong

Madison, Wis., Dec. 24 - Swiber Holdings Ltd. announced that it has increased its multicurrency medium-term note program established on July 20, 2007 to S$1 billion from S$700 million.

The company also updated the program so that it may issue perpetual securities in addition to notes and renamed it as its multicurrency debt issuance program.

DBS Bank Ltd. is the arranger and dealer.

Swiber is a Singapore-based offshore oil and gas company.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.