MT Newswires09-01
Singapore Medical Group (SGX:5OT) completed the settlement of its invitation to bondholders to sell for cash SG$31.5 million in aggregate principal amount of its 3.54% bonds, due 2029, on Aug. 31.
The company purchased the bonds at 104.9% of principal, or SG$262,125 for each SG$250,000 in principal amount, plus accrued interest.
The purchased bonds will be cancelled, leaving SG$58.5 million in aggregate principal amount of the notes outstanding, the company said.
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