, Singapore
199 views
Photo from Envato Elements

MoneyMax launches $70m fixed rate notes due 2028

Net proceeds will be used for the group’s general corporate purposes.

MoneyMax Financial Services Ltd. announced that its wholly-owned subsidiary, MoneyMax Treasure Pte. Ltd., has launched and priced its first offering of $70m 5.00% fixed rate notes due 2028 (Series 001 Notes) under its $500 million multicurrency medium term note programme established on 6 October 2025.

The notes are guaranteed by MoneyMax Financial Services Ltd.

DBS Bank Ltd. is the sole global coordinator, lead manager, and bookrunner for the issuance.

The Series 001 Notes will be issued at 100% of their principal amount, in denominations of $250,000 and integral multiples thereof. They will bear interest at 5.00% per annum, payable semi-annually on 30 April and 30 October, starting 30 April 2026, and will mature on 30 October 2028.

The notes and the guarantee are direct, unconditional, unsubordinated, and unsecured obligations ranking pari passu with all other unsecured obligations of the Issuer and the Company.

The offering is made outside the United States under Regulation S of the U.S. Securities Act of 1933, and in Singapore to institutional and accredited investors under Sections 274 and 275 of the Securities and Futures Act 2001 (SFA).

Net proceeds from the issuance will be used for the group’s general corporate purposes, including refinancing existing borrowings, investments, acquisitions, working capital, and/or capital expenditure.

Application has been made to the Singapore Exchange (SGX-ST) for the listing and quotation of the Series 001 Notes.

The notes are expected to be issued on 30 October 2025 and listed on 31 October 2025.

Join Singapore Business Review community
Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.