You are here

Halcyon Agri's 5-year bonds subscribed by 16 times

[SINGAPORE] Halcyon Agri Corp's five-year maiden bond issue was subscribed a staggering 16 times - with orders of over $2 billion received for the $125 million 5NC3 on offer, DBS Bank said yesterday. 5NC3 means the issuer will not call or redeem the five-year bonds before the third year. Due to