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First Sponsor Group Limited Announces S$128 Million Note Issuance

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First Sponsor Group Limited Announces S$128 Million Note Issuance

Confident Investing Starts Here:

An announcement from First Sponsor Group Ltd ( (SG:ADN) ) is now available.

First Sponsor Group Limited has announced the pricing of S$128 million in notes with a 3.495% interest rate, due in 2030, under its multicurrency debt issuance program. The issuance, managed by DBS Bank Ltd. and co-managed by Shanghai Pudong Development Bank Co., Ltd. Singapore Branch, is expected to enhance the company’s financial flexibility and market presence, with the notes to be listed on the Singapore Exchange.

More about First Sponsor Group Ltd

First Sponsor Group Limited is a company incorporated in the Cayman Islands, focusing on multicurrency debt issuance programs. It operates within the financial services industry, providing structured financial products and services to a diverse market.

YTD Price Performance: -1.13%

Average Trading Volume: 6,500

Technical Sentiment Signal: Sell

Current Market Cap: S$1.19B

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

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