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Published on 5/8/2014 in the Prospect News Emerging Markets Daily.

Singapore's Ezion lifts multicurrency debt program to S$1.5 billion

By Marisa Wong

Madison, Wis., May 8 - Ezion Holdings Ltd. said it increased the limit of its multicurrency debt issuance program to S$1.5 billion, effective Thursday.

Ezion had launched the debt program on May 9, 2012 with a S$500 million limit.

DBS Bank Ltd. is the arranger.

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

Singapore-based Ezion specializes in marine logistics and support for the offshore oil and gas industries.


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