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Prospect News home > News index > List of issuers E > Headlines for EMAS Offshore Ltd. > News item |
Singapore’s EMAS sets up $500 million multicurrency debt program
By Marisa Wong
Madison, Wis., March 5 – EMAS Offshore Ltd. has established a $500 million multicurrency debt issuance program, according to a company announcement.
DBS Bank Ltd. is the arranger and dealer of the program, which covers notes and perpetual securities.
Proceeds will be used to refinance existing borrowings, for capital expenditure purposes, to finance general working capital or for general corporate purposes.
EMAS is an offshore marine construction contractor based in Singapore.
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