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$S51.SG$ Seatrium unit to fully redeem S$500 million worth o...

Seatrium unit to fully redeem S$500 million worth of floating-rate bonds early.
The S$500 million bonds due 2026 are expected to be redeemed in full on May 27, and will be cancelled thereafter, the group said in a bourse filing.
The early redemption of the bonds is part of the offshore and marine company’s capital management efforts to optimise its borrowing cost and debt profile.
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