UPDATE: Singapore debt listings Tuesday: UOB, OUE, Vinpearl, Power Finance, AMA Group

UOB logoPhoto by Leslie Shaffer

These are entities which announced debt listing confirmations in Singapore on Tuesday, 21 September 2021: UOB, Vinpearl JSC, Power Finance Corp. and AMA Group.

This item was originally published on Tuesday, 21 September 2021 at 12:49 p.m. SGT; it has since been updated to include OUE. 

UOB

UOB said Tuesday its 850 million British pound floating-rate covered bonds due 2026 would be listed on SGX’s bond market Wednesday.

The notes, which will trade in pound sterling, will be in denomination of 100,000 pounds, with a minimum board lot size of 150,000 pounds, the Singapore bank said in a filing to SGX.

The lead managers and bookrunners for the notes are UOB, BNP Paribas, and Credit Suisse International, the filing said.

OUE

OUE Treasury, a subsidiary of property developer OUE, said Tuesday its S$200 million 3.5 percent notes due 2026 would be listed on SGX’s bond market Wednesday.

The notes, which will trade in Singapore dollars, will be in denomination of S$250,000, which is also the minimum board lot size, the company said in a filing to SGX.

The lead managers and bookrunners of the notes are CIMB Bank’s Singapore branch and HSBC’s Singapore branch, the filing said.

Earlier this month, OUE had said it was planning to issue S$150 million in notes, but on Friday, it said it would increase the issue size to S$200 million

Read more: OUE proposes issuing S$150M notes due 2026

Power Finance Corp.

Power Finance Corp. said Tuesday its 300 million euro 1.841 percent notes due 2028 would be listed on SGX’s bond market Wednesday.

The notes, which will trade in euros, will be in denomination of 100,000 euros, with a minimum board lot size of 150,000 euros, the company said in a filing to SGX.

The lead managers and bookrunners of the notes are Barclays bank, MUFG Securities EMEA and Standard Chartered Bank, the filing said.

Power Finance is an Indian financial institution owned by India’s Ministry of Power; it provides support for developing India’s power sector.

Vinpearl JSC

Vinpearl Joint Stock Co. said Tuesday its US$425 million 3.25 percent guaranteed exchangeable sustainable bonds due 2026 would be listed on SGX’s bond market on Wednesday.

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 company said in a filing to SGX.

The lead managers and bookrunners of the bonds are Credit Suisse (Singapore), HSBC’s Singapore branch and BNP Paribas’ Singapore branch, the filing said.

Vinpearl, part of Vingroup, operates hotels, resorts and amusement parks along Vietnam’s coast.

AMA Group

AMA Group said Tuesday its A$50 million 4 percent senior convertible notes due 2027 would be listed on SGX’s bond market on Wednesday.

The notes, which will trade in Australian dollars, will be in denomination of A$200,000, which is also the minimum board lot size, the company said in a filing to SGX.

The lead manager and bookrunner of the notes is UBS’s Australia Branch, the filing said.

AMA Group operates in the collision repair and auto parts market in Australia and New Zealand.

 

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