Singapore borrowers step up to the market

PSA Corp, Singapore Power and Keppel Corp are all about to launch new bond offerings, in a display of the growing importance the Lion City attaches to controlled use of debt.
July 20, 2000

In a surprising move, Singapore Power and PSA Corp are likely to price their bonds at the beginning of next week. Singapore Power is scheduled to launch a maiden local currency offering on Monday and PSA will unveil its debut dollar-denominated offering on Tuesday.

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