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Nexus International School to sell S$150m worth of bonds for new campus

If the bond is issued, part of the proceeds will go into repaying a loan that was used to develop Nexus's new campus at 1 Aljunied Walk, which will open its doors next January.

PRIVATE education provider Nexus International School (Singapore) is looking to issue an amortising bond guaranteed by Credit Guarantee and Investment Facility (CGIF), a trust fund of the Asian Development Bank, The Business Times (BT) understands.

This standalone issuance has a...

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