GuocoLand Limited (SG:F17) has released an update.
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GuocoLand Limited’s subsidiary, GLL IHT Pte. Ltd., has announced the pricing of its S$200 million notes due in 2027, under their S$3 billion Multicurrency Medium Term Note Programme. The notes, offering a fixed annual interest rate of 3.307%, will be used to finance general corporate needs and are guaranteed by GuocoLand. These notes will be listed on the Singapore Exchange, adding an attractive investment opportunity for institutional and accredited investors outside the U.S.
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