Keong Hong ups multicurrency MTN program to S$200 million

By Rebecca Melvin

New York, June 24 – Singapore’s Keong Hong Holdings Ltd. said it raised its multicurrency medium-term note program to S$200 million from S$150 million.

The program was initially established on April 17, 2015.

HSBC is the arranger and dealer under the program.

Proceeds will be used for general corporate purposes, including refinancing existing borrowings, financing investments and acquisitions, capital expenditure requirements and general working capital.

The construction company is based in Singapore.

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