REPL::Exchange Offer/ Capital Reorganisation::Voluntary

Issuer & Securities

Issuer/Manager
FRANSHION DEVELOPMENT LIMITED
Security
FRANSHION US$500M6.75%N210415R - USG3709DAA03 - 4TQB

Announcement Details

Announcement Title
Exchange Offer/ Capital Reorganisation
Date &Time of Broadcast
17-Jun-2019 10:27:49
Status
Replacement
Corporate Action Reference
SG190604EXOFX7ZR
Submitted By (Co./Ind. Name)
Securities Market Control
Designation
SGX-ST
New Minimum Denomination
200,000
Old Minimum Denomination
200,000
Percentage Sought (%)
100

Event Narrative

Narrative Type
Narrative Text
OfferorExchange Offer for the outstanding US$500,000,000 6.75% Guaranteed Senior Notes due 2021 (144A-CUSIP: 355457AA0; ISIN: US355457AA04/Regulation S-CUSIP: G3709DAA0; ISIN: USG3709DAA03) for new U.S. dollar denominated Guaranteed Notes
OfferorAnnouncement of Tenor and Minimum Yield of the New Notes and Extension to the Timetable of the Exchange Offer
OfferorANNOUNCEMENT OF EXISTING NOTES TENDERED AND OTHER MATTERS PURSUANT TO THE EXCHANGE OFFER
OfferorANNOUNCEMENT OF RESULTS OF THE EXCHANGE OFFER AND PRICING OF THE
NEW NOTES IN RELATION TO THE EXCHANGE OFFER AND CONCURRENT NEW
MONEY ISSUANCE

Disbursement Details

Existing Security Details
Disbursement Type
Security
New Security Details
Security Not Found?
No
Fractional Disposition Method
Fractional Part for Cash
Distribution Ratio (New: Old)
1,070:1,000

Attachments

Related Announcements

DISCLAIMER: This announcement was prepared and issued by the named Issuer/ Manager to the Exchange. The Exchange assumes no responsibility for the correctness of any of the statements made, opinions expressed or reports contained in this announcement and is posting this announcement on SGXNet for the sole purpose of dissemination only. In the event of any queries or clarification required in respect of any matters arising from this announcement, such queries are to be made to the named Issuer/ Manager directly and not to the Exchange. The Exchange shall not be liable for any losses or damages howsoever arising as a result of the circulation, publication and dissemination of this announcement.