Keppel prices 8b yen worth of five-year notes at 0.88%
Add BT as a preferred sourceKEPPEL Corporation has priced 8 billion yen (S$103.5 million) worth of five-year notes due 2025 at 0.88 per cent per annum, it said on Tuesday night.
The notes are expected to be issued on or about Sept 15, under Keppel Corp's US$5 billion multi-currency medium-term note programme.
Net proceeds from the issuance will be used for general corporate or working capital purposes, including refinancing of existing loans.
Mizuho Securities Asia Limited has been appointed as dealer for the notes.
Keppel Corp shares closed at flat at S$4.34 on Tuesday before the announcement.
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.
Share with us your feedback on BT's products and services
TRENDING NOW
Singtel Q1 gain drops 71% to S$818 million in absence of Airtel stake sale; weaker Singapore business
Sembcorp raises interim dividend despite 72% H1 profit slide to S$150 million on Alinta deal costs
How BYD disrupted Singapore’s car market – and why the strategy is turning on itself
CDL H1 profit jumps three times to S$301 million on strong condo sales, doubles interim dividend
