The Series 001 notes were two times oversubscribed, garnering a “robust reception”, the company said in a filing.
Net proceeds from this offering will be used to refinance Thomson Medical’s existing loan facilities and extend its debt maturity profile. The joint bookrunners and joint lead managers for these notes are DBS Bank, Credit Suisse and Maybank Kim Eng Securities.The company owns and operates the Thomson Medical Centre and a network of specialist medical clinics and facilities in Singapore for women and children. It operates in Malaysia under TMC Life Sciences Berhad, which is listed on Bursa Malaysia.
Source: News Formal (newsformal.com)
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