Golden Agri Resources : Issue of S$150,000,000 4.75 Per Cent. Senior Unsecured Fixed Rate Notes due 25 January 2021
January 25, 2018 at 05:14 am
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General Announcement::Issue of S$150,000,000 4.75 Per Cent. Senior Unsecured Fixed Rate Notes due 25 January 2021
Issuer & Securities
Issuer/ Manager
GOLDEN AGRI-RESOURCES LTD
Securities
GOLDEN AGRI-RESOURCES LTD - MU0117U00026 - E5H
Stapled Security
No
Announcement Details
Announcement Title
General Announcement
Date & Time of Broadcast
25-Jan-2018 17:19:52
Status
New
Announcement Sub Title
Issue of S$150,000,000 4.75 Per Cent. Senior Unsecured Fixed Rate Notes due 25 January 2021
Announcement Reference
SG180125OTHRAG2Q
Submitted By (Co./ Ind. Name)
Kimberley Lye Chor Mei
Designation
Director, Corporate Secretarial
Description (Please provide a detailed description of the event in the box below)
Issue of S$150,000,000 4.75 Per Cent. Senior Unsecured Fixed Rate Notes Due 25 January 2021 Pursuant to the US$1,500,000,000 Medium Term Note Programme Established by Golden Assets International Investment Pte. Ltd.
Please see attached.
Attachments
GAR04-25-01-2018-Issue of Senior Unsecured Fixed Rate Notes due 25 Jan 2021.pdf
Total size =91K
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GOLDEN AGRI-RESOURCES LTD
ISSUE OF S$150,000,000 4.75 PER CENT. SENIOR UNSECURED FIXED RATE NOTES DUE 25 JANUARY 2021 PURSUANT TO THE US$1,500,000,000 MEDIUM TERM NOTE PROGRAMME ESTABLISHED BY GOLDEN ASSETS INTERNATIONAL INVESTMENT PTE. LTD.
Further to its announcement dated 17 January 2018, Golden Agri-Resources Ltd ("GAR") wishes to announce that Golden Assets International Investment Pte. Ltd. (the "Issuer"), a wholly-owned subsidiary of GAR, has issued S$150,000,000 4.75 per cent. senior unsecured fixed rate notes due 25 January 2021 (the "Series 3 Notes") pursuant to the US$1,500,000,000 Medium Term Note Programme (the "Programme"). The payment obligations of the Issuer under the Series 3 Notes are unconditionally and irrevocably guaranteed by GAR.
Approval in-principle has been obtained from the Singapore Exchange Securities Trading Limited (the "SGX-ST") for the listing and quotation of the Series 3 Notes on the SGX-ST. Approval in-principle from, admission of the Series 3 Notes to the Official List of, and listing and quotation of the Series 3 Notes on, the SGX-ST are not to be taken as an indication of the merits of the Issuer, GAR, their respective subsidiaries (if any), their respective associated companies (if any), their respective joint venture companies (if any), the Programme or the Series 3 Notes.
The Series 3 Notes are expected to be admitted to the Official List of the SGX-ST with effect from 9.00 a.m. on 26 January 2018.
BY ORDER OF THE BOARD GOLDEN AGRI-RESOURCES LTD
Rafael Buhay Concepcion, Jr. Director
25 January 2018
gar - Golden Agri-Resources Ltd. published this content on 25 January 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 25 January 2018 10:14:09 UTC.
Original documenthttps://goldenagri.com.sg/wp-content/uploads/2018/01/GAR04-25-01-2018-Issue-of-S150000000-4.75-Per-Cent.-Senior-Unsecured-Fixed-Rate-Notes.pdf
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Golden Agri-Resources Ltd is a fully integrated agribusiness company focused on the technology-driven production and distribution of palm-based products. The Company's activities include cultivating and harvesting oil palm trees; extracting fresh fruit bunches into crude palm oil and palm kernel; to processing it into value-added products, such as cooking oil, margarine, shortening, biodiesel and oleochemicals, and merchandising palm products throughout the world. It is also engaged in the production, processing, packaging, and merchandising of palm and other vegetable oil products, including oleochemicals, specialty fats, biodiesel, and refined edible oils for both businesses and consumers. Its products and services include consumer products, food services, oleochemicals, biofuel, shipping & logistics, sugar, seeds and food & nutrition innovations. It also has complementary businesses, such as soybean-based products in China, sunflower-based products in India, and sugar businesses.