Centurion (SGX:OU8) issued SG$100 million worth of fixed rate bonds due 2029, comprising SG$42.5 million in aggregate principal amount of new bonds issued pursuant to the invitation and SG$57.5 million worth of additional bonds issued pursuant to the new issue.
DBS Bank was the sole dealer manager for the bonds, according to a filing with the Singapore Exchange on Friday.
The Series 007 bonds will have a fixed interest rate of 5.25% per year.
The bonds will mature on Jan. 31, 2029, and are expected to be listed on the SGX on Feb. 3.
Net proceeds raised from the issuance will be used towards the purchase of outstanding existing bonds and for general corporate purposes, including refinancing of borrowings, investments and working capital.
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