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Swiber increases bond programme to S$1bn

Swiber increases bond programme to S$1bn
Singapore: Swiber Holdings has extended its bond programme to S$1bn with the ability to issue perpetual securities as well.

Singapore-listed Swiber has increased the value of its medium term multicurrency. notes programme from S$700m to S$1bn. The programme now also provides the ability to issue perpetual securities. Perpetual securities are a bond with no redemption date and have proved popular with Singapore-listed offshore companies this year.

DBS Bank is the arranger and dealer of the programme.

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