Singapore's BW Group plans 10-year benchmark issue

By Aaron Hochman-Zimmerman

New York, June 11 - BW Group Ltd., plans to release a 10-year, senior unsecured fixed-rate dollar-dominated benchmark bond offering (Baa3/BBB-), according to a market source.

HSBC and Morgan Stanley will run the books for the Rule 144A and Regulation S deal.

The Singapore-based shipping company will market the deal on June 13 in Hong Kong, June 14 in Singapore, June 15 in London, June 18 in Los Angeles, June 19 in New York and June 20 in Boston.

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