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Heeton Holdings Issues SG$90 Million Worth of Bonds

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Heeton Holdings (SGX:5DP) issued SG$90 million worth of 5.50% bonds due 2030, comprising SG$43 million in principle amount of new bonds as part of the exchange consideration and SG$47 million bonds as additional bonds.

CIMB Bank, Singapore Branch and United Overseas Bank (SGX:U11) are the dealer managers and joint lead managers of the new issue.

The bonds will mature on Jan. 2, 2030 and will be used for corporate purposes, working capital and financing and refinancing of investment opportunities.

The bonds were listed on July 3, the filing said.

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