Swiber repurchases S$0.75m of senior perpetual securities
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
SWIBER Holdings said on Monday it has repurchased S$0.75 million of the principal amount of Senior Perpetual Securities in the open market.
The payment for this will be settled on Tuesday.
Following the settlement, the repurchased securities will be cancelled, Swiber said in a filing to Singapore Exchange.
The remaining outstanding aggregate principal amount of the securities following the cancellation of the repurchased securities would be S$79.25 million.
The announcement comes after Swiber in September 2012 issued an aggregate principal amount of S$80 million 9.75 per cent Senior Perpetual Securities.
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
