The exchange consideration comprises a principal amount of $250,000 of the new notes, a cash sum that’s equal to 0.65% of the principal amount and accrued interest.
Centurion Corporation is offering two options to the holders of its outstanding $53 million fixed rate notes maturing on May 28, 2026.
Noteholders can choose to exchange any and all of its outstanding existing notes for the same principal amount of Singapore dollar (SGD)-denominated four-year fixed rate notes due 2029.
