Corporate digest
Singapore Press Holdings (SPH)
SPH on Thursday (Mar 24) launched a consent solicitation and tender offer exercise to buy back its outstanding S$500 million 3.2 per cent notes due 2030, issued under the group's S$1 billion multicurrency debt issuance programme.
Noteholders are invited to sell back their notes to the company, in cash, at a purchase price of 100.75 per cent of the principal amount from Mar 24 until the expiration deadline at 2 pm on Apr 18.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.