Smooth sailing for PSA $500m 10yr amid volatility
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Asia

Smooth sailing for PSA $500m 10yr amid volatility

Singapore adobe stock AS 230x150

PSA International, the Temasek Holdings-owned port operator, seized $500m from its return to the dollar bond market after a three year hiatus. It priced the 10 year deal right around fair value, thanks to its opportunistic timing and strong credentials.

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