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Singapore’s ASL Marine to redeem S$500,000 of 4¾% notes due 2017
Chicago, March 11 – ASL Marine Holdings Ltd. will redeem S$500,000 of the outstanding series 6 S$100 million 4¾% notes due 2017 (ISIN: SG6Z90991217) on a pro rata basis, with interest, on March 28, according to an announcement.
The current amount outstanding per S$250,000 denomination amount of notes is $223,500, and there are 400 notes outstanding.
S$1,250 will be redeemed for each S$250,000 of notes.
After the partial redemption, S$222,500 per S$250,000 of notes will remain outstanding.
ASL Marine is a Singapore-based shipping firm.
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