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Aspial Fully Redeems and Cancels S$6 Million 6.50% Notes Due 2025

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Aspial Fully Redeems and Cancels S$6 Million 6.50% Notes Due 2025

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Aspial Corporation Limited ( (SG:A30) ) just unveiled an update.

Aspial Corporation Limited has fully redeemed its 6.50 per cent. notes due December 2025, issued under its S$700 million multicurrency debt issuance programme, paying off the remaining S$6 million in aggregate principal upon maturity on 21 December 2025. With no notes now outstanding in this series and the matured notes to be cancelled in their entirety, the move closes out this specific funding instrument and may be seen as a routine yet positive housekeeping step for the group’s capital structure and obligations to noteholders.

The most recent analyst rating on (SG:A30) stock is a Hold with a S$0.10 price target. To see the full list of analyst forecasts on Aspial Corporation Limited stock, see the SG:A30 Stock Forecast page.

More about Aspial Corporation Limited

Aspial Corporation Limited is a Singapore-incorporated company that operates under a S$700 million multicurrency debt issuance programme alongside its subsidiary Aspial Treasury Pte. Ltd., through which it raises funds in the capital markets. The company issues notes to investors and, in the case of securities issued by Aspial Treasury, provides an unconditional and irrevocable guarantee, underscoring its role as a regular participant in Singapore’s debt capital market.

Average Trading Volume: 443,255

Technical Sentiment Signal: Buy

Current Market Cap: S$212.2M

Find detailed analytics on A30 stock on TipRanks’ Stock Analysis page.

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