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

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 target size of up to S$150 million, said Aaron Gwak, Standard Chartered Bank's head of capital markets, Asean, in response to queries from BT on Monday.

Stand…