By Devika Patel
Knoxville, Tenn., July 29 - WBL Corp. Ltd. said it issued S$100 million of 3.173% three-year fixed-rate notes at par under its S$300 million medium-term note program.
DBS Bank Ltd. and Oversea-Chinese Banking Corp. Ltd. were the joint lead managers and bookrunners.
Proceeds will be used to refinance debt and for working capital.
WBL is a Singapore-based investment holding company.
| Issuer: | WBL Corp. Ltd.
|
| Issue: | Fixed-rate notes
|
| Amount: | S$100 million
|
| Maturity: | July 29, 2013
|
| Coupon: | 3.173%
|
| Price: | Par
|
| Yield: | 3.173%
|
| Bookrunners: | DBS Bank Ltd. and Oversea-Chinese Banking Corp. Ltd.
|
| Settlement date: | July 29
|
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