Singapore debt listings Wednesday: POSCO, Agile Group, AIMS APAC REIT

AIMS APAC REIT, or AA REIT, building at 51 Marsiling Road, Singapore, which is leased to Beyonics.AIMS APAC REIT, or AA REIT, building at 51 Marsiling Road, Singapore, which is leased to Beyonics.

These are Singapore entities which announced debt listing confirmations on SGX on Wednesday, 1 September 2021: POSCO, AIMS APAC REIT and Agile Group Holdings.

AIMS APAC REIT

HSBC Institutional Trust Services (Singapore), in its capacity as trustee of AIMS APAC REIT, said Wednesday the REIT’s S$250 million 5.375 percent subordinated perpetual securities would begin trading on SGX on Thursday.

The notes, which will trade in Singapore dollars, will be issued in denomination of S$250,000 and in integral multiples of S$250,000, with a minimum board lot size of S$250,000, the REIT’s trustee said in a filing to SGX.

The lead managers and bookrunners of the notes are DBS Bank, HSBC’s Singapore branch, OCBC and UOB.

AIMS APAC REIT is an industrial REIT listed on SGX.

POSCO

POSCO said Wednesday its 1.07 billion euro zero-coupon green convertible bonds due 2026 will begin trading on SGX on Thursday.

The bonds, which will be traded in euros, will be in denominations of 100,000 euros and integral multiples of 100,000 euros, and will trade with a minimum board lot size of 300,000 euros, POSCO said in a filing to SGX.

The lead managers and bookrunners for the bonds are J.P. Morgan Securities, BNP Paribas Securities (Asia) and HSBC, the filing said.

Posco is a South Korean steelmaker.

Agile Group Holdings

Agile Group Holdings said Wednesday its US$400 million 4.85 percent senior notes due 2022 will begin trading on SGX on Thursday.

The notes, which will trade in U.S. dollars, will be in denomination of US$200,000 and will trade in a minimum board lot size of US$200,000, Agile Group said in a filing to SGX.

The lead managers and bookrunners for the notes are BNP Paribas, BOCOM International Securities, Citigroup Global Markets, Credit Suisse (Hong Kong), FUTEC Financial and Standard Chartered Bank, the filing said.

Agile Group is a Hong Kong-listed, China-based property development company.