(April 01 11:33) Sbr.com.sg
Submitted By:
Staff Reporter
Case Study:
No
The notes have a fixed coupon rate of 2.88% per annum and are payable semi-annually.
SATS issued $200m worth of five-year notes, according to an announcement. The notes, which will mature in 2025, have a fixed coupon rate of 2.88% per annum and payable semi-annually in arrear.
Net proceeds will be used for refinancing of existing borrowings and general corporate purposes.
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