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Published on 4/22/2016 in the Prospect News Emerging Markets Daily.

Singapore’s ValueMax sets up S$300 million multicurrency MTN program

By Marisa Wong

Morgantown, W.Va., April 22 – ValueMax Group Ltd. announced it established a S$300 million multicurrency medium-term note program on Friday.

DBS Bank Ltd. is the arranger and dealer.

Proceeds will be used for general corporate purposes, including refinancing of existing borrowings and financing investment, acquisitions or general working capital.

ValueMax operated pawnshops and is based in Singapore.


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