{"id":57570,"date":"2017-06-12T10:35:34","date_gmt":"2017-06-12T03:35:34","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/guocoland-to-issue-s170mil-bonds\/"},"modified":"2017-06-12T10:39:33","modified_gmt":"2017-06-12T03:39:33","slug":"guocoland-to-issue-s170mil-bonds","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/guocoland-to-issue-s170mil-bonds\/","title":{"rendered":"GuocoLand to issue S$170mil bonds"},"content":{"rendered":"


\nSingapore-listed real estate developer GuocoLand plans to issue bonds collectively valued at SGD170 million that pays an interest rate of 3.9%, reported The Business Times.
\nExpected to be issued on Thursday (15 June), the bonds will mature by February 2023.
\nGuocoLand will use the net proceeds from the issuance as general working capital. Aside from refinancing existing loans, it may also be used to fulfil corporate obligations.
\nThe new transaction\u2019s joint bookrunners and lead managers are OCBC and DBS.
\nIn H1 2017, the company has issued four bonds \u2013 one in Hong Kong dollars and three in the local currency. Of this, DBS took part in three deals, including being the sole arranger for the notes denominated in the foreign currency.
\n\u00a0
\nChristopher Chitty, Senior Content Specialist at PropertyGuru, edited this story.
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…GuocoLand to issue S0mil bonds<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Singapore-listed real estate developer GuocoLand plans to issue bonds collectively valued at SGD170 million that...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-57570","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-eYy","jetpack-related-posts":[{"id":116527,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/guocoland-obtains-730mil-green-loan-for-tan-que-lan-street-mixed-development-project\/","url_meta":{"origin":57570,"position":0},"title":"Guocoland obtains $730mil green loan for Tan Que Lan Street mixed-development project","date":"May 20, 2020","format":false,"excerpt":"\r The new mixed-development project at Tan Que Lan Street will be situated right above the Bugis MRT interchange station. Photo: Midtown Bay GuocoLand via its indirect subsidiaries, MTG Apartments and MTG Retail, has secured a $730 million green club loan from DBS Bank, OCBC Bank and ICBC Singapore Branch\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":116529,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/guocoland-obtains-730mil-green-loan-for-tan-quee-lan-street-mixed-development-project\/","url_meta":{"origin":57570,"position":1},"title":"Guocoland obtains $730mil green loan for Tan Quee Lan Street mixed-development project","date":"May 20, 2020","format":false,"excerpt":"\r The new mixed-development project at Tan Quee Lan Street will be situated right above the Bugis MRT interchange station. Photo: Midtown Bay GuocoLand via its indirect subsidiaries, MTG Apartments and MTG Retail, has secured a $730 million green club loan from DBS Bank, OCBC Bank and ICBC Singapore Branch\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":64770,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/guocoland-q4-net-profit-soars-to-s244-85mil\/","url_meta":{"origin":57570,"position":2},"title":"GuocoLand Q4 net profit soars to S$244.85mil","date":"August 28, 2017","format":false,"excerpt":"\r \u00a0 Developer GuocoLand\u2019s net profit surged to $244.85 million in the fourth quarter ended 30 June 2017 from S$39.85 million in the same period a year ago, while revenue soared to S$407.37 million from S$214.48 million, revealed an SGX filing on Saturday (27 August). \u201cGuocoLand has delivered a creditable\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":113529,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/city-developments-mcl-land-and-oxley-and-partners-post-high-2019-sales\/","url_meta":{"origin":57570,"position":3},"title":"City Developments, MCL Land and Oxley and Partners post high 2019 sales","date":"January 10, 2020","format":false,"excerpt":"\r Oxley and Partners have cleared 50% of units across 11 projects. Photo: 1953 by Oxley According to a chart by a DBS Bank, the top 10 developers by units have sold 13% to 50% of their total units as of Nov 2019, reported Singapore Business Review citing a DBS\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2020\/01\/DBS-Sell-Through-Rate-2019.png?fit=843%2C550&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":123959,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/guocoland-unveils-two-new-senior-appointments\/","url_meta":{"origin":57570,"position":4},"title":"Guocoland unveils two new senior appointments","date":"December 24, 2021","format":false,"excerpt":"\r Andrew Chew will serve as Group Chief Financial Officer for GuocoLand and Valerie Wong as Group General Manager, Asset Management. GuocoLand has announced two new senior appointments, naming Andrew Chew as its new Group Chief Financial Officer and Valerie Wong as Group General Manager, Asset Management. Chew will succeed\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/12\/GUOCOLAND.jpg?fit=820%2C410&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":68156,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/guocoland-to-build-futuristic-project-at-beach-road-site\/","url_meta":{"origin":57570,"position":5},"title":"GuocoLand to build 'futuristic' project at Beach Road site","date":"October 4, 2017","format":false,"excerpt":"\r The land parcel won by tender by developer GuocoLand. After winning the tender for the commercial site at Beach Road, GuocoLand revealed plans to transform the site into an \u201ciconic city centre work-live-play destination\u201d. A 70:30 joint venture between GuocoLand and Guoco Group Limited has acquired the Beach Road\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/57570"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=57570"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/57570\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=57570"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=57570"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=57570"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}