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Golden Agri-Resources announces multicurrency medium term note programme


Friday, 4 Apr 2014 08:10am EDT 

Golden Agri-Resources Ltd:Golden Assets International Investment Pte. Ltd. wholly-owned subsidiary established a $1,500,000,000 multicurrency medium term note programme which will be unconditionally and irrevocably guaranteed by GAR.Issuer may, subject to compliance with all relevant laws, regulations and directives, from time to time issue notes in series or tranches, in Singapore dollars or in other currencies, in various amounts and tenors.Says it may bear interest at a fixed, floating, variable or hybrid rate or may not bear interest, as agreed between the Issuer and the relevant dealer and specified in the applicable pricing supplement.The net proceeds arising from the issue of notes under the programme will be used for general corporate purposes and working capital needs of the group, including but not limited to the repayment of outstanding borrowings, or as may otherwise be disclosed in the relevant pricing supplement. 

Company Quote

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27 Nov 2014