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
Digital Realty, STT GDC among data centre operators awarded 50 MW of new capacity in Singapore
Jardine C&C selling Singapore, Malaysia dealerships to Indonesia’s Chandra Asri for US$221 million gain
When every phone becomes a satellite phone, what happens to Asia’s telcos?
‘How come you’re so young?’: Gen Z couple takes on Singapore’s established bullion dealers
