On 17 January 2020, the Issuer, the Subscribers and CMB International (as placing agent) entered into the Agreement in relation to the proposed issuance of the New Notes. The Issuer proposes to issue the New Notes to the Subscribers under the Agreement. The estimated net proceeds of the issuance of the New Notes (assuming issuance in full) is expected to be approximately US$258,000,000, which the Issuer plans to use to repay the Existing Notes that have not been tendered and accepted for exchange under the Exchange Offer.

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SGX - Singapore Exchange Limited published this content on 17 January 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 January 2020 15:28:04 UTC