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United Docks’ secured fixed-rate notes to be listed on Stock Exchange

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United Docks' secured fixed-rate notes to be listed on Stock Exchange

The Listing Executive Committee of the Stock Exchange of Mauritius Ltd (SEM) has given its approval to the listing by way of Private Placement of Rs750 million Secured Fixed Rate Notes issued by United Docks Ltd (UDL).

On the first day of trading, scheduled for 29 August 2022, UDL will make 2,000 Notes available for trading at a price per Note conferring a Yield to Maturity of 4.90% p.a. (the indicative price may be adjusted to the nearest tick size as per the Trading Procedures).

The Listing Particulars of UDL is available on the website of the SEM (www.stockexchangeofmauritius.com) and at the registered office of UDL, situated at United Docks Business Park, Caudan, Port Louis.

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The information and opinions expressed in our published works are those of authors/sources believed to be reliable. NewsMoris makes no representations as to accuracy, completeness, suitability, or validity of any information expressed.