ValueMax (SGX:T6I) issued SG$80 million worth of 4% bonds due 2029, according to a Friday filing with the Singapore Exchange.
Shares of the pawnbroker were down over 3% in Monday trading.
DBS Bank was appointed as the sole global coordinator and rating advisor for the bonds.
Meanwhile, DBS Bank and Oversea-Chinese Banking Corp. or OCBC (SGX:O39) were appointed as joint lead managers and bookrunners.
The bonds were listed on Monday, the filing added.
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