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Centurion bond investors brave volatile market
Company wanted to issue S$50 million but upsizes to S$65 million due to demand
Add BT as a preferred sourcePublished Wed, Jul 8, 2015 · 09:50 PM
Singapore
BOND investors on Wednesday showed their mettle, giving a pretty decent reception to Centurion Corp's three-year issue.
Centurion Corp's S$65 million three-year bonds were priced at 5.25 per cent, lower than the initial 5.50 per cent area guidance as orders reached S$130 million, said Clifford Lee, DBS Bank head of fixed income.
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