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Ezra raises S$150 million from issuance of perpetual securities


Published Sep 20, 2012
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Ezra Holdings Limited

Ezra Holdings Limited has launched and priced its first Singapore dollar denominated Subordinated Perpetual Securities (the “Securities”) to raise S$150 million.

This issuance is the second offering under Ezra’s US$500 million Multicurrency Debt Issuance Programme (“Debt Issuance Programme”) established on 28 August 2012.

The Securities will bear an initial fixed distribution rate of 8.75% per annum for the first three years.

Tags: Ezra Holdings Limited




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