Printer Friendly
Email a Friend
Singapore uses bond issue to grow
01 Sep 2005
A US$302m bond issued by PSA Singapore Terminals' operator the PSA Corporation, is expected to raise capital expenditure for expansion plans and refinance an Augustmaturing US$500m bond.
Singapore: bond issue to fund expansion plans
Issued in July, the bonds are in S$250,000 (US$151,000) denominations. Three-year bonds will bear interest at the six-month Singapore dollar swap offer rate less 0.06% per annum, and 10-year bonds will earn 2.83% interest per annum, both payable semi-annually.
Images for this article - click to enlarge
Unless otherwise stated, all images copyright © Mercator Media 2008. This does not exclude the owner's assertion of copyright over the material.
