Singamas Container Holdings Ltd , a Hong Kong-listed container manufacturing and logistics service provider, on Apr. 14 completed issuing RMB 1.38 billion worth of RMB-denominated notes due in 2014, Chinaknowledge reports.
The company said in a statement filed with the Hong Kong Stock Exchange, the notes will have an annual interest rate of 4.75% and will be tradable on the Singapore Exchange.
The value date of these notes was Apr. 14 and interests will be paid every half year since Oct. 14.
Royal Bank of Scotland, DBS Bank and ING Bank were the joint book runners.
Singamas Container said that it plans to use approximate RMB1.36 billion in net proceeds to replenish working capital for its business in China, sources reported.
The company said in a statement filed with the Hong Kong Stock Exchange, the notes will have an annual interest rate of 4.75% and will be tradable on the Singapore Exchange.
The value date of these notes was Apr. 14 and interests will be paid every half year since Oct. 14.
Royal Bank of Scotland, DBS Bank and ING Bank were the joint book runners.
Singamas Container said that it plans to use approximate RMB1.36 billion in net proceeds to replenish working capital for its business in China, sources reported.