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Published on 2/20/2014 in the Prospect News Emerging Markets Daily.

Singapore's Wing Tai Holdings upsizes MTN program to S$1 billion

By Marisa Wong

Madison, Wis., Feb. 20 - Wing Tai Holdings Ltd. said it increased its medium-term note program to S$1 billion from S$500 million on Tuesday.

HSBC is the arranger of the program.

Proceeds will be used to finance working capital requirements and investments and to refinance existing borrowings.

Wing Tai Holdings is a Singapore-based property developer and lifestyle company.


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