First Sponsor to Issue SG$128 Million Worth of Bonds

MT Newswires

05-06

First Sponsor (SGX:ADN) priced SG$128 million worth of 3.495% bonds under its SG$1 billion multicurrency debt issuance program, according to a filing with the Singapore Exchange on Monday.

DBS Bank has been appointed as the sole global coordinator, lead manager and bookrunner for the for the bonds while Shanghai Pudong Development Bank has ben appointed as a co-manager.

The bonds are expected to be issued on or about May 14.

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