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The latest update is out from First Sponsor Group Ltd ( (SG:ADN) ).
First Sponsor Group Limited announced the full redemption of its S$100,000,000 3.29% fixed rate notes, originally issued in February 2020 and due in 2025. This redemption signifies the company’s commitment to its financial obligations and reflects its stable financial management strategy, with implications for improved investor confidence and strengthened market positioning.
More about First Sponsor Group Ltd
First Sponsor Group Limited is a company incorporated in the Cayman Islands, operating in the finance industry with a focus on multicurrency debt issuance programs. The Group engages in the issuance of fixed-rate notes and has a specific market focus on financial products such as debt securities.
YTD Price Performance: -0.91%
Average Trading Volume: 8,764
Technical Sentiment Consensus Rating: Hold
Current Market Cap: S$1.23B
Learn more about ADN stock on TipRanks’ Stock Analysis page.