Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.
Find out more at btsub.sg/promo
AUSTRALIA-LISTED QBE Insurance Group on Thursday said it has successfully priced an issue of US$300 million fixed rate senior notes due 2023, to be issued under its US$4 billion medium term note programme.
The notes will include a term of 5 years and 8 months (maturing May 25, 2023) and bear 3 per cent per annum interest, payable semi-annually in arrears. They are expected to have rating of A- by Standard & Poor's.
The settlement and issue of the notes at US$200,000 each is scheduled for September 25, 2017, the insurer said in a filing to the Singapore Exchange.