, Singapore

International Healthway issues $50,000,000 6% notes due 2018

Under the $500,000,000 multicurrency MTN Programme.

The notes, expected to be issued on 6 February 2015, will constitute direct, unconditional, unsubordinated and unsecured obligations.

According to a media release by International Healthway Corporation Limited, the company will launch the S$50,000,000 6.00 per cent. Notes due 2018 to be issued under the Issuer’s S$500,000,000 multicurrency medium term note programme. The Programme was established on 23 January 2015.

In connection with the Series 1 Notes, The Hongkong and Shanghai Banking Corporation Limited has been appointed as sole bookrunner and The Hongkong and Shanghai Banking Corporation Limited and CIMB Bank Berhad have been appointed as joint lead managers.

According to International Healthway, the net proceeds arising from the issue of the Series 1 Notes (after deducting issue expenses) will be used for general corporate purposes, including financing investments, repayment of existing borrowings, general working capital and capital expenditure requirements of the Issuer and/or its subsidiaries.  

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!