Swiber Holdings has extended its bond programme to S$1bn with the ability to issue perpetual securities as well, Seatrade Asia online reports. Singapore-listed Swiber has increased the value of its medium term multicurrency. notes programme from S$700m to S$1bn. The programme now also provides the ability to issue perpetual securities. Perpetual securities are a bond with no redemption date and have proved popular with Singapore-listed offshore companies this year. DBS Bank is the arranger and dealer of the programme.
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