Indus has announced that it has issued a further US$150m of bonds under its Singapore bond listing. The bonds pay interest at a fixed 8.0%, and are due in 2022. This follows the issue of US$74m of bonds under the same programme in April 2015, which themselves are due for repayment in April 2019. The total amount cleared for issue by the Singapore regulator is US$300m, meaning Indus may issue further tranches going forward.
14 Dec 2017
Further US$150m Singapore bond issue
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Further US$150m Singapore bond issue
Indus Gas Limited (INDI:LON) | 49.2 0 (-0.2%) | Mkt Cap: 90.1m
- Published:
14 Dec 2017 -
Author:
Tim Dainton -
Pages:
2
Indus has announced that it has issued a further US$150m of bonds under its Singapore bond listing. The bonds pay interest at a fixed 8.0%, and are due in 2022. This follows the issue of US$74m of bonds under the same programme in April 2015, which themselves are due for repayment in April 2019. The total amount cleared for issue by the Singapore regulator is US$300m, meaning Indus may issue further tranches going forward.