Keppel prices 8b yen worth of five-year notes at 0.88%
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
KEPPEL 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.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
20 photos that show how dramatically Singapore has changed in two decades
Singapore’s key exports up 15.3% in March from electronics surge, exceeding forecasts
