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Corporate digest
Published Wed, Jan 9, 2019 · 09:50 PM
City Developments Limited
CITY Developments (CDL) has priced S$125 million of five-year notes at a fixed coupon of 3 per cent under its S$5 billion medium-term note programme.
The unrated notes will be sold at 100 per cent of the principal amount to institutional and accredited investors outside of the United States, according to data released by bookrunner DBS Bank on Wednesday.
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