By Marisa Wong
Madison, Wis., Aug. 20 - Ezion Holdings Ltd. said it issued S$60 million of 4.6% notes due 2018.
DBS Bank Ltd. was the lead manager and bookrunner for the offering.
This is the fourth series of notes issued under the company's S$500 million multicurrency debt issuance program established on May 9, 2012.
Proceeds from the series 004 notes will be used for general corporate purposes, including the financing of investments in offshore and marine assets.
The notes are expected to be listed on the Singapore Exchange Securities Trading Ltd. on Wednesday.
Based in Singapore, Ezion specializes in marine logistics and support for the offshore oil and gas industries.
| Issuer: | Ezion Holdings Ltd.
|
| Issue: | Series 004 notes
|
| Amount: | S$60 million
|
| Maturity: | Aug. 20, 2018
|
| Bookrunner: | DBS Bank Ltd.
|
| Coupon: | 4.6%
|
| Announcement date: | Aug. 20
|
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