By Marisa Wong
Madison, Wis., Nov. 8 - Neptune Orient Lines Ltd. said it has issued S$300 million of 4.4% notes due 2019 under its $1.5 billion euro medium-term note program.
The company announced the offering on Oct. 29.
DBS Bank, HSBC, OCBC Bank and Standard Chartered Bank were the joint lead managers. DBS also acted as global coordinator.
Proceeds from the new notes will be used for general corporate purposes.
Neptune established the euro MTN program on June 28, 2010 and amended it on April 17, 2012.
The container shipping and logistics services company is based in Singapore.
| Issuer: | Neptune Orient Lines Ltd.
|
| Issue: | Medium-term notes
|
| Amount: | S$300 million
|
| Maturity: | 2019
|
| Coupon: | 4.4%
|
| Managers: | DBS Bank, HSBC, OCBC Bank, Standard Chartered Bank
|
| Announcement date: | Nov. 8
|
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