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

By Marisa Wong

Madison, Wis., June 19 - Tat Hong Holdings Ltd. announced it established a S$500 million multicurrency medium-term note program on Wednesday.

Oversea-Chinese Banking Corp. Ltd. is the arranger and dealer of the program.

Proceeds will be used for general corporate purposes, which includes refinancing existing borrowings, and for financing capital expenditure and general working capital.

Tat Hong is a Singapore-based supplier of cranes and heavy equipment.

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