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Fragrance Group Ltd Announces Establishment Of SGD1,000,000,000 Multicurrency Debt Issuance Programme


Thursday, 3 Oct 2013 05:31am EDT 

Fragrance Group Ltd announced that it has established a SGD1,000,000,000 multicurrency debt issuance programme (the Programme). In connection therewith, DBS Bank Ltd. has been appointed to act as the sole arranger and dealer of the Program. Under the Programme, the Company may from time to time issue notes (the “Notes”) and perpetual securities (the “Perpetual Securities”) (the Notes and the Perpetual Securities are collectively referred to as Securities) in series or tranches, in any currency and in various amounts and tenors, as agreed between the Company and the relevant dealer. Under the Programme, the Notes may bear interest at fixed, floating, variable or hybrid rates (as applicable) or may not bear interest, as agreed between the Company and the relevant dealer and specified in the applicable pricing supplement. Under the Programme, the Perpetual Securities confer a right to receive distributions at fixed or floating rates (as applicable), as agreed between the Company and the relevant dealer and specified in the applicable pricing supplement. The net proceeds from the issue of Securities under the Programme (after deducting issue expenses) will be used for general corporate purposes, including refinancing of borrowings, financing investments and for the general working capital of the Company and its subsidiaries. 

Company Quote

0.21
0.0050 +2.44%
19 Dec 2014