The notes are set to be issued at an issue price of 100% of their principal amount and in denominations of $250,000
GuocoLand’s wholly-owned subsidiary, GLL IHT, has priced $200 million worth of notes under its $3 billion multicurrency medium term note programme.
The notes will bear an interest rate of 3.307% per annum and interest on the notes will be payable semi-annually in arrear. The notes are set to mature on Nov 15, 2027.
