Courts Asia to set up S$500m debt issuance programme
It appointed DBS and HSBC as joint arrangers.
In a release, Courts Asia Limited announced that it had on 17 April 2013 signed a mandate letter for the establishment of a S$500,000,000 multicurrency debt issuance programme, appointing DBS Bank Ltd. and The Hongkong and Shanghai Banking Corporation Limited to act as the joint arrangers of the Programme.
Documentation for the Programme is currently in progress and an announcement will be made upon establishment of the Programme and signing of the Programme documents.