General Announcement::ISSUANCE OF FIXED RATE NOTES UNDER THE S$500,000,000 MULTICURRENCY DEBT ISSUANCE PROGRAMME

Issuer & Securities

Issuer/ Manager
CWT LIMITED
Securities
CWT LIMITED - SG1C20001063 - C14
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
18-Mar-2015 17:12:08
Status
New
Announcement Sub Title
ISSUANCE OF FIXED RATE NOTES UNDER THE S$500,000,000 MULTICURRENCY DEBT ISSUANCE PROGRAMME
Announcement Reference
SG150318OTHR35FQ
Submitted By (Co./ Ind. Name)
Lye Siew Hong - Lynda Goh
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
ISSUANCE OF S$100,000,000 IN AGGREGATE PRINCIPAL AMOUNT OF 4.80 PER CENT. FIXED RATE NOTES DUE 2020 UNDER THE S$500,000,000 MULTICURRENCY DEBT ISSUANCE PROGRAMME

CWT Limited (the "Company") wishes to announce that it has today issued S$100,000,000 in aggregate principal amount of 4.80 per cent. fixed rate notes due 2020 (the "Notes"). The Notes will mature on 18 March 2020 and will bear interest at a fixed rate of 4.80 per cent. per annum, payable semi-annually in arrear. The Notes were issued under the Company s S$500,000,000 multicurrency debt issuance programme (the "Programme"). DBS Bank Ltd. and Oversea-Chinese Banking Corporation Limited are the joint lead managers and bookrunners for the issue of the Notes. The Notes were offered by the Company pursuant to exemptions under Sections 274 and 275 of the Securities and Futures Act, Chapter 289 of Singapore.

The net proceeds arising from the issue of the Notes (after deducting issue expenses) will be used for the general corporate funding purposes of the Company.

Approval in-principle has been obtained from the Singapore Exchange Securities Trading Limited (the "SGX-ST") for permission to deal in and quotation for the Notes. The SGX-ST assumes no responsibility for the correctness of any of the statements made or opinions expressed or reports contained therein. The approval in-principle of the SGX-ST for the listing and quotation of the Notes is not to be taken as an indication of the merits of the Programme, the Notes, the Company, its subsidiaries and/or its associated companies (if any).


Dated this 18th day of March 2015.


By Order of the Board



Lye Siew Hong - Lynda Goh
Company Secretary
CWT Limited

Attachments

Notes_Issuance_Mar2015-FINAL.pdf
Total size =93K