Intraco Ltd. (SG:I06) has released an update.
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Intraco Limited has successfully issued its fifth series of digital commercial paper in Singapore Dollars, raising S$5.96 million, and its inaugural series in US Dollars, totaling US$2.08 million, both attracting substantial interest from associates of the company’s controlling shareholders. The commercial papers, with a 42-day tenor, offer interest rates of 4.4% and 6.2% respectively and will be listed on the SDAX Exchange.
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