Tuan Sing may redeem all of the new notes on any date after Nov 2, 2026, at 102% of the principal amount of the new notes, together with interest accrued to the date fixed for redemption.
Tuan Sing Holdings (SGX:5IC
) has priced $150 million worth of notes under its $900 million multicurrency medium term note programme.
The notes carry a coupon of 7.5% per annum payable semi-annually in arrear and are expected to mature on Nov 2, 2027. The new notes will be issued at an issue price of 100% of the principal notes and in denominations of $250,000.
