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Keppel Land issues $280 mil notes with 2% p.a. coupon

Felicia Tan
Felicia Tan • 1 min read
Keppel Land issues $280 mil notes with 2% p.a. coupon
Keppel Land, on May 20, issued the same amount of notes to be drawn down under the same programme.
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Keppel Land has, on May 28, issued $280 million worth of five-year notes due 2026.

The notes will carry a coupon of 2.00% per annum and will be drawn down under its US$3 billion ($3.97 billion) multicurrency medium term note programme.


SEE:Keppel Land enters JV with Vietnam’s Phu Long for new landed housing project in Ho Chi Minh City

The notes are expected to be listed on the SGX-ST on May 31.

Shares in Keppel Corporation closed 4 cents higher or 0.8% up at $5.36 on May 28.

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