By Marisa Wong
Morgantown, W.Va., July 27 – IHH Healthcare Bhd. said its Parkway Pantai Ltd. indirect wholly owned subsidiary issued $500 million of perpetual securities under its $2 billion multicurrency medium-term note program on Thursday.
The note program, which covers medium-term notes and perpetual securities, was established earlier this month.
Proceeds will be used for general corporate purposes, including working capital, capital expenditures and refinancing debt, as previously noted.
Kuala Lumpur, Malaysia-based IHH is an operator of hospitals in Asia, eastern and central Europe and the Middle East.
| Issuer: | Parkway Pantai Ltd.
|
| Issue: | Perpetual securities
|
| Amount: | $500 million
|
| Maturity: | Perpetual
|
| Settlement date: | July 27
|
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