mm2 Asia sets up $300 million multicurrency medium-term note program

New York, March 12 – mm2 Asia Ltd. said it has established a $300 million guaranteed multicurrency medium-term note program.

Hongkong and Shanghai Banking Corp. Ltd., Singapore Branch and Standard Chartered Bank are joint arrangers and dealers, according to an announcement from the company. Haitong International Securities (Singapore) Pte. Ltd. will be joint lead manager and joint bookrunner.

The notes may be issued in any currency and may have a fixed or floating rate of interest.

Various subsidiaries of the company will guarantee the notes.

Proceeds will be used to refinance existing borrowings, to make investments and/or acquisitions, for general working capital and for corporate purposes.

mm2 is a Singapore-based media and entertainment company. It produces content for television and the internet, owns movie theaters, promotes concerts and produces events.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.