Fragrance Group buys back some notes due 2021

Nisha Ramchandani

Published Fri, Aug 21, 2020 · 09:50 PM

Singapore

FRAGRANCE Group has repurchased S$500,000 in notes due April 2021, which represent 0.4 per cent of the aggregate principal amount of the outstanding notes.

Some S$120.25 million of the notes, which have a coupon rate of 6.125 per cent, were outstanding following previous repurchases.

In a filing to the Singapore Exchange on Friday, it said that the repurchased notes were acquired through an on-market purchase for an aggregate purchase price of 0.98625 or about S$503,277, inclusive of accumulated interest of some S$10,152. A separate announcement will be made by the company if the repurchased notes are ca…