GSH (SGX:BDX) launched new series of commercial paper on digital securities on the ADDX and SDX platforms, according to a Thursday filing with the Singapore Exchange.
The company launched a 35th issue under the CP facility program for a tenor of 91 days at an interest rate of 4.30% per year; a 36th issue under the same program for a tenor of 182 days at an interest rate of 4.50% per year; and a 37th issue under the program for a tenor of 287 days at an interest rate of 4.80% per year.
The company expects to raise around SG$10 million from the issue from the issuance on the ADD platform.
Meanwhile, the company launched five issues at interest rates of 4.30%, 4.50%, 4.60%, 5.0% and 5.0% per year respectively on the SDAX Exchange, with a tenor of 91 days, 182 days, 287 days, 182 days, and 287 days, respectively.
The company is expecting to raise around SG$10 million from the issue.