Golden Agri's S$125m three-year notes priced at 5.5% a year
Add BT as a preferred source
PALM oil plantation company Golden Agri-Resources said on Wednesday that it has priced its S$125 million senior unsecured fixed rate notes due April 27, 2018, at 5.5 per cent a year.
The company is getting funding from a US$1.5 billion multicurrency medium term note programme.
The latest offering is managed by Credit Suisse, MUFJ, and OCBC Bank.
Golden Agri said net proceeds will be used for general corporate purposes and working capital needs, including but not limited to the repayment of outstanding borrowings.
Golden Agri closed unchanged at S$0.435 on Tuesday.
Share with us your feedback on BT's products and services
TRENDING NOW
Jumbo Seafood to close flagship East Coast Seafood Centre outlet on Sep 30
Shanda co-founder sells Tanglin Hill bungalow for S$76 million
Singapore developer in limbo after Timor-Leste scraps major township project
Trek 2000 shares jump 41.5% after Osim founder Ron Sim drops claims, sells 7.3% stake to Azure Capital
