WITH bond markets seizing up or showing extreme volatility, private placement investors have stepped up and helped address cash crunch concerns.

PSA Treasury, a wholly-owned subsidiary of Singapore’s port and terminal operator PSA International, will issue below par, at 99.822 per cent, US$650 million worth of guaranteed notes maturing in...

PSA Treasury, a wholly-owned subsidiary of Singapore’s port and terminal operator PSA International, will issue at par S$500 million worth of guaranteed notes maturing in 2030.

HARBOUR and terminal towage operator PSA Marine has completed the acquisition of the entire stake in Tramarsa Flota and its subsidiaries from the Grupo Romero.

PSA International handled 85.2 million twenty-foot equivalent units (TEUs) of containers at its port projects around the world for the year ending Dec 31, 2019.

OUTLOOK 2020

FIXED-income bankers are looking forward to another good year, with interest rates likely to remain low, while issuers have some refinancing to do as bonds mature or become callable in 2020.

TUAS Port is set to be the world's single largest fully automated terminal when completed in 2040, handling almost twice as much cargo by then.

MOVING Singapore’s port operations to Tuas Port goes beyond just having a larger terminal, but offers an opportunity to rethink the future of shipping, Prime Minister Lee Hsien Loong said.

PORT and terminal operator PSA International (PSA) and ground handler and in-flight caterer SATS are partnering in several initiatives to improve supply chain efficiency, and sea and air...

CHANGES AT THE TOP

RESHUFFLES are afoot at port operator PSA International and several government bodies, with various personnel changes announced on Friday.