ISOTeam (SGX:5WF) is expecting to raise between SG$5 million and SG$7 million through the issuance of a three-month series 003 SDAX issuance under the SDAX Multicurrency CP program, according to a Tuesday filing with the Singapore Exchange.

The commercial paper will have an interest rate of 4% per year and will mature around three months from the date of issuance, the filing said.