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Keppel prices EUR70 mil notes due 2031

Bryan Wu
Bryan Wu • 1 min read
Keppel prices EUR70 mil notes due 2031
The notes will bear interest at a floating rate based on the 6-month Euribor rate plus an agreed spread, payable semi-annually.
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​​Keppel (SGX:BN4) has priced the issue of EUR70 million ($102 million) floating rate notes due 2031 under its multicurrency medium term note programme. 

The Series 017 Notes will bear interest at a floating rate based on the 6-month Euribor rate (Euro Interbank Offered Rate) plus an agreed spread, payable semi-annually in arrear with a tenor of 7 years.  

Mizuho Securities Asia has been appointed as dealer for the Series 017 Notes, which are expected to be issued on or about May 8.

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