The notes will be issued at an issue price of 100% of their principal amount and in denominations of $250,000 each. The notes will bear interest at a fixed rate of 6.50% per annum (p.a.) payable semi-annually in arrear on April 18 and Oct 18 each year.
Following its supplemental information memorandum issued on Sept 27 in respect of the proposed Series 003 notes due 2026, Koh Brothers Group, on Oct 12, announced that it has received reverse enquiry interest from its investors in relation to the issue of additional notes.
On the same day, the group announced that it has launched and priced an additional $10.5 million worth of notes due 2026.
