Thenotes, which are due to mature on 1 April 2016, will carry a coupon of 7.2% perannum payable semi-annually in arrears.

Vallianzsaid Singapore finance house DBS would act as the sole lead manager and bookrunnerfor the notes.

The bonds have been issued under a SGD 500mmulti-currency debt issuance programme established last week.

Proceeds from the fund raiser will go towards generalcorporate purposes, which will include refinancing and capital expenditure.

Last