Dahfeng Equipment (02153) is issuing digital securities commercial paper for the sixth time, expecting to raise between 20 million to 25 million Singapore dollars.

Zhitong Finance · Jul 10 16:32

Dafeng Equipment (02153) announced that on July 10, 2025, the company will issue the sixth batch of SDAX multi-currency C...

Zhitong Finance APP news, Dafu Equipment (02153) announced that on July 10, 2025, the company will issue its sixth multi-currency CP financing plan under SDAX, with digitally valued commercial papers denominated in Singapore dollars, an annual interest rate of 5.05%, and maturing in approximately three (3) months from the date of issuance.

The company expects to raise between 20 million and 25 million Singapore dollars from recognized investors and institutional investors under the 3-month SGD series 006 issuance. The proceeds from the 3-month SGD series 006 issuance are intended to be used as working capital for the group's main business.

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