Singapore's Maxi-Cash redeems S$20 million notes due 2017 in full

By Toni Weeks

San Luis Obispo, Calif., May 6 - Maxi-Cash Financial Services Corp. Ltd. said it redeemed all S$20 million of its outstanding series 1 notes due 2017 in full on the interest payment date of May 5.

The variable-rate notes were issued in February as part of the company's S$300 million multicurrency medium-term note program, which was established in October 2013.

United Overseas Bank Ltd. was the arranger and dealer for the notes issue.

Based in Singapore, Maxi-Cash provides financial services in the form of pawnbroking.

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