Reports say the offshoremarine services company is offering a Singapore dollar bond with a short tenorof two-and-a-half years.
Theamount of money the company is looking to raise has yet to emerge, but aninitial guidance of around 5.75% has been indicated.
LocalSingapore bank DBS is reported to be acting as the sole leadmanager and bookrunner for the notes.
Swiber has two issues maturing this year – a SGD120m ($95m) five-year bond due in July and a SGD 78m 5% five-year note due inOctober.
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