The SGD-denominated notes will carry a coupon of 6.05% per annum (p.a.).
The notes will be fungible and will be consolidated into the company’s Series 003 notes.
As a result, the first aggregate principal amount of the Series 003 notes to be issued will total $60 million, which includes the newly priced notes.
The Series 003 notes are expected to be issued on Jan 24, and will be issued at an issue price of 100% of their principal amount. They will come in denominations of $250,000 each.
See also: Thakral Corporation stake in The Beauty Tech Group valued at GBP18.8 mil after debut on LSE
CIMB Bank and DBS Bank were appointed joint lead managers and bookrunners to the additional notes.
Shares in Maxi-Cash closed at 17.1 cents on Jan 17.
Photo: Samuel Isaac Chua/The Edge Singapore
