Thomson Medical Group has launched and priced $30 million worth of notes. The notes, which will mature on May 31, 2028, will carry a coupon of 5.5% per annum (p.a.).
The notes will be consolidated and form a single series with the $120 million worth of Series 003 Tranche 001 notes.
The notes will be issued by Thomson Medical under the $1 billion multicurrency debt issuance programme. The notes, which will be issued in denominations of $250,000, are expected to be issued on July 21.
United Overseas Bank (UOB) has been appointed as the sole dealer in relation to the notes.
Shares in Thomson Medical closed flat at 6.1 cents on July 17.
