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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.
Amount:S$30 million
Maturity:Oct. 27, 2017
Description:Notes
Bookrunners:DMG & Partners Securities, UOB
Coupon:6˝%
Price:Par
Yield:6˝%
Trade date:Oct. 20
Settlement date:Oct. 27

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