Ezion Holdings issues $110,000,000 4.70 percent. notes due 2019
Ezion Holdings Limited announces that it has issued S$110, 000,000 4.70 per cent. notes due 2019 under its S$500,000,000 multicurrency debt issuance programme , said in the company's press release. The Programme was established on 9 May 2012. DBS Bank Ltd. acted as the sole lead manager and bo okrunner in relation to the issue of the Series 003 Notes. The Series 003 Notes will bear interest at 4.70 per cent. per annum and will mature on 22 May 2019.
The net proceeds of the Series 003 Notes will be us ed by the Issuer for general corporate purposes, including the financing of investments in offshore and marine assets and general working capital of the Issuer or its subsidiaries. Approval in-principle has been obtained for the lis ting and quotation of the Series 003 Notes on the Singapore Exchange Securities Trading Limited.
The SGX-ST assumes no responsibility for the correctness of any of the st atements made or opinions expressed or reports contained herein. Approval in-principle for the listing and quotation of the Series 003 Notes on the SGX-ST is not to be taken as an indica tion of the merits of the Issuer, the Programme or the Series 003 Notes. The Series 003 N otes are expected to be listed on the SGX-ST on 23 May 2013.
