SATS (SGX:S58) obtained a loan facility of up to SG$500 million to refinance its existing loan facilities and extend the maturity of its debt, according to a filing with the Singapore Exchange on Monday.
The facility is part of the company's strategy to reduce its borrowed amounts.
The company has already fully repaid its SG$200 million worth of 2.88% medium term bonds and SG$100 million worth of 2.60% bonds.
The repayments will reduce the company's interest expense by around SG$8.4 million per year.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。