Coupon Payment::Mandatory

Issuer & Securities

Issuer/Manager
MILLENNIUM & COPTHORNE HOTELS LIMITED
Security
MILLENNIUM &COP US$100MF210831 - XS1482002547 - 4Q1B

Announcement Details

Announcement Title
Coupon Payment
Date &Time of Broadcast
10-Aug-2021 17:23:17
Status
New
Corporate Action Reference
SG210810INTRDNXW
Submitted By (Co./Ind. Name)
Debbie Narayan
Designation
Company Secretarial Assistant
Method of Coupon Computation
Actual/ 360
Maturity Date
31/08/2021
Next Coupon Payment Date
31/08/2021

Event Narrative

Narrative Type
Narrative Text
Additional TextAnnouncement pursuant to Rule 324 of the SGX-ST Listing Manual in relation to interest payment for the US$100,000,000 in principal amount of Floating Rate Notes due 2021 (the Series No. 029 Notes) of Millennium & Copthorne Hotels Limited (M&C):
Additional Text1. interest at the rate of 1.245% per annum for the Series No. 029 Notes issued under the Multicurrency Medium Term Note Programme of M&C on 30 August 2016, will be paid on 31 August 2021 in respect of the interest period from 28 May 2021 up to but excluding 31 August 2021; and
Additional Text2. the maturity date for the Series No. 029 Notes is 31 August 2021 and the Series No. 029 Notes will accordingly be wholly redeemed and cancelled on 31 August 2021 by the Issuer.

Disbursement Details

Cash Payment Details
Taxable
No
Coupon Rate (%)
1.245
Pay Date
31/08/2021