Published on 10/20/2014 in the Prospect News Emerging Markets Daily.
New Issue: Singapore’s TEE Land prices S$30 million 6˝% notes due 2017 at par
By Christine Van Dusen
Atlanta, Oct. 20 – Singapore’s TEE Land Ltd. priced S$30 million three-year notes at par to yield 6˝% on Monday, a market source said.
DMG & Partners Securities and UOB were the bookrunners for the deal.
TEE Land is a residential and commercial property developer.
Issuer: | TEE Land Ltd.
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Amount: | S$30 million
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Maturity: | Oct. 27, 2017
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Description: | Notes
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Bookrunners: | DMG & Partners Securities, UOB
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Coupon: | 6˝%
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Price: | Par
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Yield: | 6˝%
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Trade date: | Oct. 20
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Settlement date: | Oct. 27
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