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GuocoLand unit to issue S$200m 3.4% notes

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Fiona Lam

Fiona Lam

Published Tue, Feb 4, 2020 · 09:50 PM

Singapore

GLL IHT, a wholly-owned subsidiary of mainboard-listed property developer GuocoLand, will issue at par S$200 million worth of new notes maturing on Aug 10, 2025.

The 5.5-year unsubordinated, unsecured notes carry a fixed coupon of 3.4 per cent to be paid semi-annually in arrears, according to a term sheet seen by The Business Times.

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