By Aleesia Forni
Virginia Beach, Va., May 17 - Singapore's Freight Links Express Holdings Ltd. priced on Friday S$100 million notes due 2017 at par to yield 4.6%, according to a market source.
DBS Bank was the bookrunner.
The deal is part of the company's S$400 million multicurrency medium-term note program.
The proceeds will be used for general corporate purposes, including the refinancing of borrowings, investments and general working capital.
Freight Links is a logistics services provider.
| Issuer: | Freight Links Express Holdings Ltd.
|
| Issue: | Notes
|
| Amount: | S$100 million
|
| Maturity: | May 29, 2017
|
| Bookrunner: | DBS Bank
|
| Coupon: | 4.7%
|
| Price: | Par
|
| Yield: | 4.7%
|
| Trade date: | May 17
|
| Settlement date: | May 29
|
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