Singapore's Lucky Condotel calls S$105 million 4.115% notes, S$105 million floaters due 2011

By Marisa Wong

Madison, Wis., July 26 - Lucky Condotel Ltd. said it will redeem its S$105 million of secured fixed-rate notes due 2011 and S$105 million of secured floating-rate notes due 2011 on Aug. 31.

The fixed-rate notes will be redeemed at 100.25 plus interest accrued at 4.115% per year from Feb. 28 up to the redemption date.

The floating-rate notes will be redeemed at 100.25 plus interest accrued at 1.12027% per year from March 1 up to the redemption date.

Lucky Condotel is a luxury condominium company based in Singapore.

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