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Yongmao launches $20 mil multicurrency commercial paper facility programme

Ashley Lo
Ashley Lo • 1 min read
Yongmao launches $20 mil multicurrency commercial paper facility programme
The programme is set to be listed on the SDAX digital platform, which is operated by market operator SDAX Exchange.
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Crane operator Yongmao Holdings (SGX:BKX) has launched its new $20 million multicurrency multi-tranche unsecured commercial paper facility programme in digital securities, according to a Oct 1 release. 

The programme is set to be listed on the SDAX digital platform, which is operated by market operator SDAX Exchange. 

The group has also launched its inaugural issue under the programme at an interest rate of 5.3% per annum, which will mature approximately three months from the date of issuance. 

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