The offshore vessel operator said the fixed notes will carry a coupon of 5.7% and are due to mature in April 2018.
The transaction was priced following an intraday book building exercise last week, with an oversubscription rate of nearly ten times.
“The coupon rate was well within the initial expected rate, reflecting the quality of the order book,” Swissco said.
The Notes were issued under Swissco’s SGD 300m multicurrency medium term note (MTN) programme established in September 2014.
Singapore’s
