Skylink Completes Issue of SG$5 Million Bonds
MT Newswires10-20
Skylink (SGX:XZB) completed the fully subscribed issuance of SG$5 million in two-year, unlisted, non-convertible and non-transferable hire-purchase bonds, according to a Monday filing.
The debt securities carry an 8% annual coupon, payable semi-annually.
The company said the proceeds will fund the expansion of its credit business loan book.
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