Singapore's Vallianz sets up S$500 million multicurrency debt program

By Marisa Wong

Madison, Wis., March 19 - Vallianz Holdings Ltd. announced it has established a S$500 million multicurrency debt issuance program.

DBS Bank Ltd. is the arranger and dealer of the program.

Proceeds will be used for general corporate purposes, including refinancing borrowings, financing investments and capital expenditure requirements.

Vallianz is a marine vessel and equipment company based in Singapore.

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