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January 21, 2009, 12.29 pm (Singapore time)
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PSA mandates DBS for US$1b loan
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SINGAPORE - PSA International, Singapore's port operator, is looking to borrow
US$1 billion for three years and has appointed DBS as arranger for the loan, according to Reuters Basis Point.
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The proposed syndicated loan will be broken into two tranches and will be denominated in a mix of US dollars, Singapore dollars and Hong Kong dollars. A PSA spokesman declined to comment.
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PSA operates 28 ports in 16 countries including China, India, South Korea and Vietnam.
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DBS was not immediately available to comment. -- REUTERS
<?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" /><o:p> </o:p>
PSA mandates DBS for US$1b loan
Email this article
Print article
Feedback
<o:p> </o:p>
<o:p> </o:p>
SINGAPORE - PSA International, Singapore's port operator, is looking to borrow
US$1 billion for three years and has appointed DBS as arranger for the loan, according to Reuters Basis Point.
<o:p> </o:p>
<o:p> </o:p>
The proposed syndicated loan will be broken into two tranches and will be denominated in a mix of US dollars, Singapore dollars and Hong Kong dollars. A PSA spokesman declined to comment.
<o:p> </o:p>
PSA operates 28 ports in 16 countries including China, India, South Korea and Vietnam.
<o:p> </o:p>
DBS was not immediately available to comment. -- REUTERS
