Singapore’s Hatten Land to extend $25 million 8% bonds to June 8

By Wendy Van Sickle

Columbus, Ohio, Feb. 25 – Hatten Land Ltd. said holders of its $25 million of 8% guaranteed secured bonds due March 8 have granted an extension of the repayment of the bonds until June 8, according to a filing with the Singapore Stock Exchange.

The interest rate during the extension period will be 10%.

The bonds were issued in March 2018.

Hatten Land is a property developer based in Singapore with properties in Singapore and Malaysia.

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