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Tuan Sing prices $200 mil notes with 6.9% p.a. coupon

Felicia Tan
Felicia Tan • 2 min read
Tuan Sing prices $200 mil notes with 6.9% p.a. coupon
Shares in Tuan Sing closed 0.5 cent lower or 1.03% down at 48 cents on Oct 11.
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Tuan Sing Holdings has priced $200 million worth of notes under its $900 million multicurrency medium term note programme on Oct 12.

The notes are due on Oct 18, 2024, and will carry a coupon of 6.9% per annum, payable semi-annually in arrears.

The notes will be issued at an issue price of 100% of the principal amount of the new notes. They will be in denominations of $250,000 each.

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