Keppel Corporation Limited (SG:BN4) has released an update.
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Keppel Ltd. has announced the pricing of €70 million Floating Rate Notes due in 2031 under its US$5 billion Multi-Currency Medium Term Note Programme. These notes, issued at a floating rate based on the 6-month EURIBOR plus a margin, are unsecured and rank equally with the company’s other unsecured obligations. The proceeds from the note issuance will be allocated towards Keppel’s general corporate needs and working capital.
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