By Marisa Wong
Madison, Wis., June 6 - Eu Yan Sang International Ltd. announced it settled S$75 million of 4.1% notes due 2018 at par on Thursday.
The 4.1% notes were issued under the company's S$300 million multicurrency medium-term note program established on May 22.
DBS Bank Ltd. acted as lead manager and bookrunner.
Proceeds will be used for general corporate purposes, including refinancing of borrowings, capital expenditure and investments, as well as general working capital.
The notes are expected to be listed on the Singapore Exchange Securities Trading Ltd. on June 7.
Eu Yan Sang is a health-care company based in Singapore.
| Issuer: | Eu Yan Sang International Ltd.
|
| Issue: | Medium-term notes
|
| Amount: | S$75 million
|
| Maturity: | 2018
|
| Bookrunner: | DBS Bank Ltd.
|
| Coupon: | 4.1%
|
| Price: | Par of S$250,000
|
| Yield: | 4.1%
|
| Settlement date: | June 6
|
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