GSH (SGX:BDX) has issued new commercial papers on the digital securities platforms, SDAX and ADDX, according to a filing with the Singapore Exchange on Thursday.
The property developer launched its 32nd issuance under the commercial paper facility program on the ADDX platform at an interest rate of 4.50% per annum, the 33rd at 4.70% per annum, and the 34th at 5.00% per annum.
The company expects to raise a minimum aggregate of SG$10 million from these issuances.
On the SDAX platform, GSH launched its fifth issuance with a tenor of 91 days at an interest rate of 4.50% per annum, another fifth issuance with a tenor of 192 days at 4.70% per annum, and a third fifth issuance with a tenor of 273 days at 5.00% per annum.
The company expects to raise a minimum aggregate of SG$25 million from these issuances.
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