By Taylor Fox
New York, Sept. 10 – GSH Corp. Ltd. announced it priced another S$30 million of 5.2% two-year fixed-rate notes under its S$800 million multicurrency medium-term note program.
The series 4 notes will be issued at par.
DBS Bank Ltd. is the dealer.
GSH previously issued S$50 million of the notes on Oct. 21, 2019.
Proceeds will be used for general corporate purposes, including refinancing borrowings, financing investments, general working capital and capital expenditures.
GSH is a Singapore-based property developer with projects in Malaysia and Singapore.
| Issuer: | GSH Corp. Ltd.
|
| Issue: | Fixed-rate medium-term notes, series 4
|
| Amount: | S$30 million add-on
|
| Maturity: | Oct. 21, 2022
|
| Dealer: | DBS Bank Ltd.
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| Coupon: | 5.2%
|
| Price: | Par
|
| Yield: | 5.2%
|
| Announcement date: | Sept. 10
|
| Settlement date: | Sept. 17
|
| Original issue: | S$50 million issued on Oct. 21, 2019
|
| Total amount: | S$80 million
|
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