Singapore's Vibrant Group adds perpetuals to upsized S$500 million multicurrency debt program

By Marisa Wong

Madison, Wis., March 25 - Vibrant Group Ltd. said it updated its multicurrency medium-term note program established May 8, 2013 to include perpetual securities and increased the maximum principal amount of securities to be issued under the program to S$500 million from S$400 million.

Vibrant has renamed the program as its S$500 million multicurrency debt issuance program.

DBS Bank Ltd. is the arranger.

Formerly known as Freight Links Express Holdings Ltd., Vibrant is a logistics, real estate and financial services group based in Singapore.

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