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
ROXY-PACIFIC Holdings Limited said on Friday that it has established a S$500 million multi-currency debt issuance programme under which it may issue notes and perpetual securities from time to time.
United Overseas Bank Limited has been appointed as the sole arranger and dealer under the programme.
The notes, which will be unsubordinated and unsecured obligations, may be issued in any currency in various amounts and tenures, and may bear interest at fixed, floating, variable, hybrid or other rates or may not bear interest as agreed in each case between the group and the relevant dealer of the notes.
The perpetual securities may be issued in any currency in various amounts and may confer a right to receive distribution at fixed or floating rates as agreed in each case between the group and the relevant dealer of the securities.
Net proceeds from the programme will be used for general corporate purposes, including repayment or refinancing of existing borrowings and financing investments.