By Susanna Moon
Chicago, Aug. 18 - WBL Corp. Ltd. said it issued S$74 million two-year fixed-rate notes at par to yield 3.88%.
Interest is payable semiannually.
DBS Bank Ltd. is the bookrunner.
Proceeds will be used for working capital.
The notes were issued under the S$200 million multi-currency medium-term note program established on June 16, 2003.
WBL is a Singapore-based investment holding company.
Issuer: | WBL Corp. Ltd.
|
Amount: | S$74 million
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Issue: | Notes
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Maturity: | Aug. 18, 2010
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Coupon: | 3.88%, payable semiannually
|
Price: | Par
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Yield: | 3.88%
|
Bookrunner: | DBS Bank Ltd.
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Settlement date: | Aug. 18
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