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Keong Hong Holdings Launches $50 million 6 Percent Notes Due 2018
Daily Bulletin | 09 June 2015
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Keong Hong Holdings has announced the launch and pricing of the $50 million 6 percent notes due 2018 to be issued under its $150 million multicurrency medium term note programme.

The notes will be issued at an issue price of 100 percent of their principal amount and will bear a fixed interest of 6 percent per annum payable semi-annually in arrears.

The net proceeds will be used for general corporate purposes, including refinancing of existing borrowings, financing investments and acquisitions, capital expenditure requirements and the general working capital of the group.

Keong Hong Hldgs  0.445 +0.015 +3.49%   
Business: Co is principally engaged in bldg construction activities.

Insight: May-19, 1H19 revenue rose 7.2% due to higher reven... Read More

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