Charisma Energy Services sets up S$500 million debt issuance program

New York, Nov. 11 – Charisma Energy Services Ltd. has established a S$500 million debt issuance program, according to a notice filed with the Singapore Stock Exchange.

DBS Bank Ltd. will be arranger and dealer.

Securities offered under the program will be denominated in Singapore dollars or other currencies and can be structured as notes or senior or subordinated perpetual securities.

Proceeds will be used to refinance borrowings, for general corporate purposes, to finance investments and for general working capital unless specified otherwise at the time of issuance.

Charisma Energy Services is a Singapore-based oil and gas services company.

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