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Aspial Lifestyle Prices SG$75 Million Worth of 5% Notes Due 2031

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Aspial Lifestyle (SGX:5UF) priced SG$75 million of 5% notes due 2031 under its debt issuance program, according to a Friday filing with the Singapore bourse.

The direct, unconditional, unsubordinated, and unsecured Series 006 Notes will be issued at par in denominations of SG$250,000 and are expected to be issued on Oct. 6, 2026. Interest will be paid twice a year, with the notes maturing on Oct. 6, 2031.

Net proceeds from the issuance, which will be listed in Singapore on Oct. 7, will be used to refinance outstanding notes and for general corporate purpose.

Moody's Investors Service assigned the notes a Ba1 rating.

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