MoneyMax subsidiary prices $30m 5% notes due 2028
The notes will be issued under MoneyMax Treasure’s $500m multicurrency medium-term note programme.
MoneyMax Financial Services’ wholly owned subsidiary MoneyMax Treasure has launched and priced $30m in 5.00% fixed rate notes due 2028.
The Series 001 Tranche 003 Notes will be issued under MoneyMax Treasure’s $500m multicurrency medium-term note programme, which was established on 6 October 2025.
The notes will be unconditionally and irrevocably guaranteed by MoneyMax Financial Services.
The new $30m notes will be consolidated to form a single series with the existing $70m 5.00% notes due 2028 issued on 30 October 2025 and $30m 5.00% notes due 2028 issued on 10 November 2025.
DBS Bank has been appointed as the sole global coordinator, lead manager, and bookrunner for the notes.
The notes will be issued at 100.50% of their principal amount, plus accrued interest from 30 April 2026 to, but excluding, the expected issue date of 21 May 2026.
They will carry a fixed interest rate of 5.00% per annum, payable semi-annually in arrears on 30 April and 30 October each year, starting 30 October 2026.
Unless previously redeemed or purchased and cancelled, the notes will mature on 30 October 2028. They will be issued in denominations of $250,000 or integral multiples thereof.
MoneyMax said the net proceeds will be used for general corporate purposes, including refinancing existing borrowings, financing investments and acquisitions, general working capital, and capital expenditure.
The notes are expected to be issued on 21 May 2026 and listed on the SGX-ST on 22 May 2026.