TAT HONG EQUIP Issues Tenth Series of Digital Commercial Paper
Stock News
Jul 09
TAT HONG EQUIP (ASX: 02153) has announced the issuance of its tenth series of digital securities commercial paper under the SDAX multi-currency CP financing program.
This issuance, designated as the 3-month SGD Series 010, is denominated in Singapore dollars and carries an annual interest rate of 4.40%. It is scheduled to mature approximately three months from the issuance date of July 9, 2026.
The company anticipates raising between S$30 million and S$35 million from accredited and institutional investors through this offering.
The proceeds from the 3-month SGD Series 010 issuance are earmarked to be used as working capital for the group's core business operations.
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