Surbana Jurong prices S$350m senior bonds in debut offering
Annabeth Leow
Singapore
SURBANA Jurong has priced its inaugural bond offering, the first to be launched under a debt issuance programme that was set up last month.
It is issuing S$350 million in Singdollar senior bonds due 2025, with a coupon rate of 4.11 per cent. The offering, which is part of a US$1 billion multi-currency debt scheme, will be settled on Oct 3.
TRENDING NOW
SIA sinks into the red with S$76 million Q1 loss as fuel costs jump
15-month wait-out curb lifted for private property owners buying HDB resale flats
ABSD deadline extended to up to 7 years for developers of large en bloc sites to encourage reuse of land
A ‘shadow bank’ hiding in Singapore’s Little India casts light on financial services gap