The offshore vesseloperator said in a statement to the Singapore Stock Exchange (SGX) that it had priceda SGD 60m ($47.5m) bond issue.
Australiaand New Zealand Banking Group has been appointed as the sole lead manager and bookrunnerfor the notes.
The notes, which are due to mature in November 2016, willcarry a coupon of 7.25% per annum payable semi-annually in arrears.
The bonds are expected to be issued on 22 May under Vallianz's SGD 500m multi-currency debt issuance programme which was established inMarch 2014.
Proceeds
