By Christine Van Dusen
Atlanta, Aug. 30 - Singapore's Ezra Holdings Ltd. sold S$200 million three-year notes at par to yield 5%, a market source said.
The notes are part of a recently announced $500 million multicurrency debt issuance program with HSBC and DBS.
Proceeds will be used for refinancing existing debt, capital expenditures and general working capital and corporate purposes.
Ezra is a Singapore-based provider of offshore support for the oil and gas industry.
| Issuer: | Ezra Holdings Ltd.
|
| Amount: | S$200 million
|
| Maturity: | Sept. 7, 2015
|
| Description: | Notes
|
| Bookrunners: | HSBC, DBS
|
| Coupon: | 5%
|
| Price: | Par
|
| Yield: | 5%
|
| Trade date: | Aug. 30
|
| Settlement date: | Sept. 7
|
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