UOL Group's (SGX:U14) subsidiary, UOL Treasury Services, priced SG$200 million of 3.20% fixed-rate bonds due in 2033, according to a Wednesday filing with the Singapore Exchange.
Net proceeds will be used for general corporate purposes, including refinancing existing borrowings and financing working capital.
CIMB Bank, DBS Bank, and United Overseas Bank are acting as joint lead managers and bookrunners.