Singapore debt listings Wednesday: Axis Bank, Kaisa Group, Chiba Bank, Adani Green Energy, Acen Finance

U.S. one-dollar currency notes; taken September 2018.U.S. one dollar bills.

These are entities which announced Singapore debt listing confirmations on SGX on Wednesday, 8 September 2021: Acen Finance, Adani Green Energy, Axis Bank, Kaisa Group and The Chiba Bank.

Kaisa Group

Kaisa Group said Wednesday its US$300 million 10.5 percent senior notes due 2022 would begin trading on SGX’s bond market on Thursday.

The notes, which will trade in U.S. dollars, will be in denomination of US$200,000, which is also the minimum board lot size, the property group said in a filing to SGX.

The lead managers and bookrunners of the notes are Credit Suisse (Hong Kong), Guotai Junan Securities (Hong Kong), HSBC, Haitong International Securities, UBS’s Hong Kong branch, BOCI Asia, China CITIC Bank International, Kingston Securities, Fulbright Securities and Hung Sing Securities, the filing said.

China-based Kaisa Group is an integrated property developer and investor; the company is listed in Hong Kong.

Axis Bank

Axis Bank, acting through its Gift City branch, said Wednesday its US$600 million 4.1 percent additional tier-one notes would begin trading on SGX’s bond market on Thursday.

The notes, which will trade in U.S. dollars, will be in denomination of US$200,000, which is also the minimum board lot size, the bank said in a filing to SGX.

The lead managers and bookrunners for the notes are Axis Bank’s Singapore branch, BNP Paribas, Citigroup Global Markets, Credit Agricole Corporate and Investment Bank’s Singapore branch, Emirates NBD Bank PJSC, HSBC’s Singapore branch, J.P. Morgan Securities, Mashreqbank PSC, Merrill Lynch (Singapore), MUFG Securities Asia, Societe Generale and Standard Chartered Bank, the filing said.

India-based Axis Bank offers financial services to large, small-to-medium sized enterprises and retail businesses.

Adani Green Energy

Adani Green Energy said Wednesday its US$750 million 4.375 percent senior secured notes due 2024 would begin trading on SGX’s bond market on Thursday.

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

The lead managers and bookrunners for the notes are Intesa Sanpaolo’s London branch, MUFG Securities Asia, Mizuho Securities (Singapore), SMBC Nikko Securities (Hong Kong), Standard Chartered Bank, Axis Bank’s Singapore branch, Barclays Bank, BNP Paribas, DBS Bank and Emirates NBD Bank PJSC, the filing said.

Adani Green Energy is an India-based renewable energy company owned by the Adani Group conglomerate. Media reports said the bond offering was a green bond.

Acen Finance and AC Energy

Acen Finance Ltd. said Wednesday its US$400 million 4 percent guaranteed senior notes would begin trading on SGX’s bond market on Thursday.

The notes, which will trade in U.S. dollars, will be in denomination of US$200,000, with a minimum board lot saize of US$200,000, the company said in a filing to SGX.

The lead managers and bookrunners for the notes are BPI Capital Corp., Credit Suisse (Singapore), Deutsche Bank’s Singapore Branch, Goldman Sachs (Singapore), Morgan Stanley Asia (Singapore) and UBS’s Singapore branch, the filing said.

Acen Finance is a wholly owned subsidiary of Ayala-led AC Energy. Media reports said the notes are green bonds, which were more than five times oversubscribed.

The Chiba Bank

The Chiba Bank said Wednesday its US$300 million 1.35 percent bonds due 2026 would begin trading on SGX’s bond market on Thursday.

The notes, which will trade in U.S. dollars, will be in denomination of US$200,000, which is also the minimum board lot size, the bank said in a filing to SGX.

The lead managers and bookrunners for the notes are Nomura International, Morgan Stanley & Co. International, Goldman Sachs International and SMBC Nikko Capital Markets, the filing said.

Tokyo-listed The Chiba Bank is the largest bank in Japan’s Chiba province.