More News
MANUFACTURING | Staff Reporter, Singapore
view(s)

Interplex prepares to pay off 2019 bonds as takeover deal draws to a close

It will redeem the notes at 102% of the principal amount.

SGX-listed precision engineering company Interplex Holdigs has launched a consent solicitation exercise for holders of its 2019 notes.

Interplex is offering to redeem the notes at 102% of the principal amount with interest if a proposed takeover by Baring Private Equity becomes unconditional.

Baring wants to acquire Interplex for $450m. Interplex's majority shareholders have already accepted the deal.
 

Do you know more about this story? Contact us anonymously through this link.

Click here to learn about advertising, content sponsorship, events & rountables, custom media solutions, whitepaper writing, sales leads or eDM opportunities with us.

To get a media kit and information on advertising or sponsoring click here.