Home THE DAILY EDGE Business Singapore’s NOL sets up US$1.5b notes programme
Singapore’s NOL sets up US$1.5b notes programme

Tags: Neptune Orient Lines | Singapore Exchange

Written by Reuters   
Monday, 28 June 2010 13:31
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Singapore’s Neptune Orient Lines (NEPS.SI), the world’s fifth largest container shipper, said on Monday it has set up a US$1.5 billion ($2.07 billion) medium term notes programme from which it will issue debt from time to time. 

Proceeds from the notes will be used for general corporate purposes, NOL said in a filing to the Singapore Exchange. 
 
DBS, HSBC and Standard Chartered are the arrangers for the notes programme.
 
 
 
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Last Updated on Monday, 28 June 2010 13:32