By Marisa Wong
Los Angeles, Feb. 13 – First Sponsor Group. Ltd. announced it priced S$100 million of 3.29% five-year notes at par.
DBS Bank Ltd. is the dealer for the notes.
The notes will be issued under the company’s S$1 billion multicurrency debt issuance program established on May 15, 2015.
Proceeds will be used for general corporate purposes, including refinancing borrowings and financing investments and general working capital.
The investment holding company is based in Singapore.
Issuer: | First Sponsor Group. Ltd.
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Issue: | Notes
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Amount: | S$100 million
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Maturity: | Five years
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Dealer: | DBS Bank Ltd.
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Coupon: | 3.29%
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Price: | Par
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Yield: | 3.29%
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Put option: | At par upon change of control
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Pricing date: | Feb. 13
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Settlement date: | Feb. 20
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