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FINWIRES

CSC Holdings Launches Up to SG$8 Million in Digital Commercial Paper

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CSC Holdings (SGX:C06) has launched two new series of digital commercial paper under its SDAX commercial paper facility program, according to a Wednesday filing with the Singapore Exchange.

The company rolled out the 12th series of its three-month commercial paper, priced at an interest rate of 3.95% per annum. It also issued the 10th series of its six-month commercial paper, which carries a 4.50% annual interest rate.

The foundation and geotechnical engineering company expects to raise between SG$6 million and SG$8 million under the two offerings.

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