International Healthway unveils $500m bond programme

It has received approval in-principle from the SGXST.

International Healthway Corporation Limited has today established a $500,000,000 multicurrency medium term note programme, under which the Issuer may issue notes from time to time.

Approval in-principle has been received from the Singapore Exchange Securities Trading Limited for the establishment of the Programme and application will be made for the listing and quotation of any Notes.

The Hongkong and Shanghai Banking Corporation Limited has been appointed as the sole arranger and dealer under the Programme.

The net proceeds arising from the issue will be used for general corporate purposes, including financing investments, repayment of existing borrowings, general working capital and capital expenditure requirements.