By Mary-Katherine Stinson
Lexington, Ky., Nov. 30 – Public Utilities Board announced it issued S$300 million 3.663% notes due 2025 on Wednesday, according to multiple notices.
The notes were issued at par in denominations of S$250,000.
DBS Bank Ltd. and United Overseas Bank Ltd. are joint bookrunners and joint lead managers for the series 002 notes.
Proceeds will be used for general corporate purposes of the company and its subsidiaries including refinancing, working capital and capital expenditures.
The notes were issued under the company’s S$10 billion medium-term note program established Aug. 10, 2022. DBS Bank is the sole arranger of the program.
The notes will be listed on the Singapore Exchange effective Dec. 1.
Public Utilities Board is Singapore’s national water agency.
| Issuer: | Public Utilities Board
|
| Issue: | Notes
|
| Amount: | S$300 million
|
| Bookrunners: | DBS Bank Ltd. and United Overseas Bank Ltd.
|
| Maturity: | Nov. 28, 2025
|
| Coupon: | 3.663%
|
| Price: | Par
|
| Settlement date: | Nov. 30
|
| Listing date: | Dec. 1
|
| ISIN: | SGXF33920798
|
|
|
© 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.
