Genting Singapore issues samurai bonds for $241.12m
The bonds’ coupon rate is at 0.669% per annum.
Genting Singapore priced its samurai bonds for $241.12m (JPY20b).
According to an announcement, the bonds will have a tenor of 5 years and a coupon of 0.669% per annum.
The bonds will mature on 24 October 2022.
They will be used by Genting's Japan branch for working capital and corporate activity in Japan.