Singapore debt listings Tuesday: Ex-Im Bank of Korea, Kookmin Bank, Tuan Sing, KEB Hana Bank

Euro coinsPhoto by Leslie Shaffer

These are entities which announced debt listing confirmations in Singapore on Tuesday, 19 October 2021: The Export-Import Bank of Korea, KEB Hana Bank, Kookmin Bank and Tuan Sing Holdings.

Export-Import Bank of Korea

The Export-Import Bank of Korea said Tuesday its 850 million euro zero-coupon green notes due 2024 (ISIN code: XS2397372850) would be listed on SGX’s bond market on Wednesday.

The notes, which will trade in euro, will be in denomination of 100,000 euro, with a minimum board lot size of 200,000 euro, the bank said in a filing to SGX.

The lead managers and bookrunners of the notes are BNP Paribas, Credit Agricole Corporate and Investment Bank, HSBC, ING Bank, J.P. Morgan Securities, Shinhan Investment and KEXIM Bank (UK), the filing said.

The Export-Import Bank of Korea provides financial support, including credit, to South Korean companies for export and import deals, overseas investments and developing natural resources overseas.

Export-Import Bank of Korea

The Export-Import Bank of Korea said Tuesday its US$1 billion 1.75 percent green notes due 2028 (ISIN codes: US30215EBE68 and US30217G2C30) 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 bank said in a filing to SGX.

The lead managers and bookrunners of the notes are BNP Paribas, Credit Agricole Corporate and Investment Bank, HSBC, ING Bank’s Singapore branch, J.P. Morgan Securities, Shinhan Investment and KEXIM Bank (UK), the filing said.

The Export-Import Bank of Korea provides financial support, including credit, to South Korean companies for export and import deals, overseas investments and developing natural resources overseas.

Kookmin Bank

Kookmin Bank said Tuesday its 500 million euro 0.048 percent green covered bonds due 2026 (ISIN code: XS2393768788) would be listed on SGX’s bond market on Wednesday.

The notes, which will trade in euro, will be in denomination of 100,000 euro, with a minimum board lot size of 200,000 euro, the bank said in a filing to SGX.

The lead managers and bookrunners of the notes are BNP Paribas, Citigroup Global Markets, Credit Suisse International, ING Bank, J.P. Morgan Securities and KB Securities, the filing said.

South Korea’s Kookmin Bank is part of the KB Financial Group, which provides banking, securities, investment banking, asset management and insurance services.

KEB Hana Bank

KEB Hana Bank said Tuesday its US$300 million 3.5 percent tier-one sustainability subordinated notes (ISIN codes: US482466AG41 and USY4S96CBW07) 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 bank said in a filing to SGX.

The lead managers and bookrunners of the notes are BNP Paribas, Citigroup Global Markets, Credit Agricole Corporate and Investment Bank, HSBC, Mizuho Securities USA, Hana Financial Investment and KEB Hana Global Finance, the filing said.

KEB Hana Bank is part of South Korea’s Hana Financial Group, which has banking, investment, credit card and other financial businesses, including insurance. Hana Financial has branches in Asia Pacific, Europe, the Middle East and the Americas.

Tuan Sing Holdings

Tuan Sing Holdings said Tuesday its S$200 million 6.9 percent notes due 2024 (ISIN code: SGXF30090785) would be listed on SGX on 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 Credit Suisse (Singapore), UOB and DBS Bank, the filing said.

The company is involved in property development and real estate and hotel investments, with operations across Singapore, China, Indonesia and Australia. Tuan Sing Holdings also has an around 80 percent stake in Singapore-listed subsidiary SP Corp. and a 44.5 percent interest in printed circuit board maker Gul Technologies Singapore, according to the company website.

Read more: Tuan Sing prices S$200M notes due 2024 amid solid demand

 

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