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ValueMax Prices SG$80 Million Worth of Bonds

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ValueMax (SGX:T6I) priced the issue of SG$80 million worth of 4% bonds due 2029, according to a Wednesday filing with the Singapore Exchange.

DBS Bank has been appointed as the sole global coordinator and sole rating advisor, while DBS Bank and Oversea-Chinese Banking Corp. or OCBC have been named as joint lead managers and bookrunners for the bonds.

Net proceeds from the issue will be used for general corporate purposes and financing of investments and acquisitions.

The bonds are expected to be listed and quoted on July 13.

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