GuocoLand (SGX:F17) said its subsidiary, GLL IHT, has priced SG$200 million in 3.307% notes due 2027 under a SG$3 billion multicurrency medium-term note program, according to a Tuesday filing on the Singapore Exchange.
The notes will be issued at par in SG$250,000 denominations and will mature on Nov. 15, 2027, with semi-annual interest payments.
DBS Bank (SGX:D05), Oversea-Chinese Banking Corporation (SGX:O39), and United Overseas Bank (SGX:U11) are the joint lead managers for the offering. Proceeds will be used for general working capital and corporate purposes.
Price (SGD): S$1.51, Change: S$-0.080, Percent Change: -5.03%
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