Vallianz Holdings sets up $500m multicurrency debt issuance programme

Vallianz Holdings, a Singapore Exchange Catalist-listed company providing marine support services, said on Thursday it has established a $500 million multicurrency debt issuance programme.

It may issue bonds or perpetual securities from time to time under this programme, the company said.

The proceeds from the issue of securities will be used for general corporate purposes, including refinancing its debts, paying for investments and capital expenditure, and general working capital.

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