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ISOTeam Launches SG$5 Million Commercial Paper Offering

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ISOTeam (SGX:5WF) on Tuesday launched the sixth series of its three-month commercial paper in digital securities under the SDAX Multicurrency CP Programme, to raise between SG$3 million and SG$5 million, according to a same-day filing to the Singapore Exchange.

The commercial papers are priced at an interest rate of 3.80% per annum and will mature in around three months.

The funds will be raised from accredited investors and institutional investors, the building facilities management company said.

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