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ASL Marine Holdings Ltd. ( (SG:A04) ) has provided an update.
ASL Marine Holdings Ltd. announced the payment of additional interest on its Series 006 Notes, part of its S$500 million multicurrency debt issuance program. The additional interest rate of 1.5% per annum is based on the company’s Adjusted Core EBITDA for FY2024, which exceeded the threshold by S$10 million. This financial maneuver reflects the company’s robust financial performance and its commitment to fulfilling obligations to noteholders, potentially enhancing its reputation in the financial markets.
More about ASL Marine Holdings Ltd.
ASL Marine Holdings Ltd., incorporated in Singapore, operates within the marine industry. The company is involved in shipbuilding, ship repair, and other marine-related services, focusing on providing solutions for the maritime sector.
YTD Price Performance: -1.67%
Average Trading Volume: 754,832
Technical Sentiment Consensus Rating: Hold
Current Market Cap: S$57.3M
For detailed information about A04 stock, go to TipRanks’ Stock Analysis page.