By Marisa Wong
Morgantown, W.Va., Sept. 6 – Mulpha International Bhd.’s wholly owned subsidiary, Mulpha SPV Ltd., issued $90 million of 6% three-year fixed-rate notes on Tuesday, according to a Bursa Malaysia announcement.
The notes are guaranteed by the parent company.
Proceeds will be used to redeem the company’s $90 million series 4 fixed-rate notes.
Mulpha is a Petaling Jaya, Malaysia-based conglomerate that focuses on property development and investment, infrastructure and civil construction with operations in Malaysia, Vietnam and Australia.
| Issuer: | Mulpha SPV Ltd.
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| Guarantor: | Mulpha International Bhd.
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| Issue: | Fixed-rate notes
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| Amount: | $90 million
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| Maturity: | Sept. 6, 2019
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| Coupon: | 6%
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| Settlement date: | Sept. 6
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