Swiber sells 450m yuan of Lion City bonds
Notes are part of the company's S$1b multi-currency debt programme
Mindy Tan
SWIBER Holdings has sold 450 million yuan (S$92.5 million) of 7.75 per cent offshore renminbi notes due 2017 at par, the offshore construction and support services provider said on Monday night.
The notes are part of Swiber's S$1 billion multicurrency debt programme.
Net proceeds will be used for general working capital and capital expenditure.
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