Valuemax issues notes; Hyflux upsizes perps

SINGAPORE (May 27): Pawnbrokers Valuemax Group is issuing $50 million worth of fixed notes due 2018 at 5.5%.

They will be issued at par value, and in denominations of $250,000. The notes will bear interest at 5.5% each year, payable semi-annually.

The notes are issued under its $300 million multi-currency medium term note programme, which was established in April.

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