Published on 10/8/2014 in the Prospect News Emerging Markets Daily.
New Issue: Singapore’s Swissco prices S$100 million 5.7% notes due 2018 at par
By Christine Van Dusen
Atlanta, Oct. 8 – Singapore’s Swissco Holdings Ltd. priced S$100 million notes due April 16, 2018 at par to yield 5.7% on Wednesday, a market source said.
OCBC was the bookrunner for the deal.
The Singapore-based company provides marine services to the shipping and offshore oil and gas industries.
| Issuer: | Swissco Holdings Ltd.
|
| Amount: | S$100 million
|
| Maturity: | April 16, 2018
|
| Description: | Senior notes
|
| Bookrunner: | OCBC
|
| Coupon: | 5.7%
|
| Price: | Par
|
| Yield: | 5.7%
|
| Trade date: | Oct. 8
|
| Settlement date: | Oct. 16
|
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