ASL Marine to Fully Redeem Outstanding Series 006 4.75% Notes

MT Newswires
17 Mar

ASL Marine Holdings (SGX:A04) will redeem all outstanding Series 006 4.75% notes on March 28, when they mature, according to a Friday filing on the Singapore Exchange.

The shipbuilding and repair company said each SG$250,000 denomination will be redeemed at SG$216,250, covering the outstanding principal and accrued interest.

The record date for the redemption is March 21, with trading and transfers suspended from that date until the redemption is processed.

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