Singapore: Ezion Holdings yesterday issued S$150m fixed noted due in 2021 under its S$1.5bn multicurrency debt issuance programme.
DBS Bank acted as the sole dealer in relation to the latest issuance. The notes will bear interest of 4.875% to mid-2018 and 6.875% to mid-2021.
The net proceeds of the latest issuance will be used to fund the proposed tender/repurchase of its existing S$100m 5.25% notes due 2015 and for general corporate purposes. [12/06/14]