By Marisa Wong
Madison, Wis., May 31 - Swiber Holdings Ltd. priced S$75 million of 6¼% notes due June 8, 2015 at par on Thursday, according to a company news release.
Australia and New Zealand Banking Group Ltd. is the lead manager and bookrunner.
The notes will be issued under the company's S$700 million multicurrency medium-term note program. The notes are expected to settle on June 8.
Proceeds will be used for refinancing existing debt obligations.
Swiber is a Singapore-based offshore oil and gas company.
| Issuer: | Swiber Holdings Ltd.
|
| Issue: | Medium-term notes
|
| Amount: | S$75 million
|
| Maturity: | June 8, 2015
|
| Bookrunner: | Australia and New Zealand Banking Group Ltd.
|
| Coupon: | 6¼%
|
| Price: | Par
|
| Yield: | 6¼%
|
| Pricing date: | May 31
|
| Settlement date: | June 8
|
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