CHIP Eng Seng's wholly-owned subsidiary CES Treasury on Wednesday launched its S$100 million 6 per cent notes due 2022.
The Series 004 notes guaranteed by Chip Eng Seng are part of its S$750 million multi-currency debt issuance programme, to be issued on March 15 2019 and mature on March 15 2022. The notes will be issued at a price of 100 per cent of their principal amount and in denominations of S$250,000, bearing interest at a fixed rate of 6 per cent per annum payable semi-annually in arrear.
DBS is the sole arranger of the programme, and has been appointed the sole global coordinator, sole bookrunner and lead manager of the Series 004 notes. Haitong International Securities has been appointed an additional lead manager of the Series 004 notes. The net proceeds arising from the issue of the Series 004 notes will be used for general corporate purposes of the group, including refinancing the existing borrowings, financing the investments and for the general working capital purposes of the group.Certain controlling shareholders and directors of the company and their family members have been allocated approximately 32 per cent of the entire issue of the Series 004 notes, according to Chip Eng Seng.
Source: News Formal (newsformal.com)
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Defence Minister Ng Eng Hen announces next-gen SAF would need considerable investmentsSingapore—Dr Ng Eng Hen, the country's Minister of Defence, elaborated on improvements to Singapore Armed Forces (SAF) that would dissuade aggressio
Source: IndependentSG - 🏆 2. / 72 Read more »
Commander of US Indo-Pacific Command, Admiral Philip Davidson, calls on Ng Eng HenSINGAPORE - The commander of the United States Indo-Pacific Command Admiral Philip Davidson called on Defence Minister Ng Eng Hen on Tuesday (March 5) as part of his introductory visit to Singapore, said the Ministry of Defence (Mindef).. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
‘Significant and steady investments’ in defence required to keep Singapore’s future secure: Ng Eng HenSINGAPORE: Developing a capable Singapore Armed Forces (SAF) to protect the nation’s interests and keeping Singaporeans safe for another ... My question is Why?
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Budget 2019 debate: SAFTI City, new NS Hub by 2023, says Ng Eng HenA wired training ground the size of Bishan, with urban settings and real-time tracking of soldiers via video cameras and battlefield instrumentation, as well as a new one-stop centre for National Service-related services, will be built by 2023, said Defence Minister Dr Ng Eng Hen on Friday (1 March).
Source: YahooSG - 🏆 3. / 71 Read more »
26 vulnerabilities detected from 2nd Singapore Govt bug bounty programmeThe top local hacker is Samuel Eng, who found four of the validated vulnerabilities and got a bounty of US$1,750 as a result.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
In what capacity did Ivy Ng sign documents at MINDEF submarine launch event?In what capacity did she sign the documents? This is the question that is currently on everyone's minds as a video of her signing what looks like official documents is currently circulating
Source: IndependentSG - 🏆 2. / 72 Read more »
Hong Kong: Stocks end marginally higher[HONG KONG] The Hang Seng Index closed marginally higher on Tuesday after China unveiled huge tax cuts to boost the stuttering economy, while investors remain optimistic about the chances of a trade deal with the United States. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Singapore in colour: Photographer's work brought to lifeMr Lui Hock Seng, who is now 83, first picked up a camera in the 1950s. But now, the Colourise.sg app allows for his black and white photos to be brought to life.. Read more at straitstimes.com. Ugly
Source: The Straits Times - 🏆 8. / 63 Read more »
Singapore to buy four F-35 fighters, with option for eight moreSingapore will seek to buy four US F-35 Joint Strike Fighter aircraft initially, with an option for eight more, as part of efforts to build the next-generation Singapore Armed Forces (SAF), Defence Minister Ng Eng Hen said yesterday.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »