Guocoland to raise $350m from perpetual bonds
Distribution payments will be made at the rate of 4.6% per annum.
GuocoLand Limited (GuocoLand) launched 4.6% subordinated perpetual bonds worth $350m for its $3b multicurrency medium term note programme.
According to an announcement, the bonds will be issued in the denomination of $250,000.
The distributions will be payable semi-annually in arrear.