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Heeton Holdings to List Bonds Worth SG$90 million on Singapore Exchange

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Heeton Holdings (SGX:5DP) will list its fixed-rate bonds worth SG$90 million on the Singapore Exchange (SGX) on Friday, according to a Thursday filing to the Singapore bourse.

The bonds carry a coupon rate of 5.50% per annum and are scheduled to mature in 2030.

Recently, Heeton priced an additional SG$47 million worth of 5.50% fixed rate bonds due in 2030. CIMB Bank Berhad, Singapore Branch and United Overseas Bank (SGX:U11) are the joint lead managers for the new bonds.

The company plans to use the proceeds for general corporate purposes, working capital, potential acquisitions, and refinancing existing debt.

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