Singapore debt listings Thursday: ICBC, Prudential

ICBC branch in SingaporeICBC branch in Singapore

These are entities which announced debt listing confirmations in Singapore on Thursday, 28 October 2021: Industrial and Commercial Bank of China (ICBC).

In addition, Prudential PLC said it has priced US$1 billion in notes.

Industrial and Commercial Bank of China (ICBC) Singapore branch

Industrial and Commercial Bank of China (ICBC)’s Singapore branch said Thursday its US$1.05 billion 1 percent notes due 2024 (ISIN code: XS2384565508) would be listed on SGX’s bond market on Friday.

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 filing said the lead managers and bookrunners are: Credit Agricole Corporate and Investment Bank’s Singapore branch, DBS Bank, HSBC’s Singapore branch, ICBC International Securities, ICBC Standard Bank, ICBC (Asia), ICBC’s Singapore branch, ICBC (Macau), SMBC Nikko Securities (Hong Kong), Standard Chartered Bank (Singapore), Agricultural Bank of China’s Hong Kong branch, Agricultural Bank of China’s Singapore branch, ANZ, Bank of China (Hong Kong), Bank of China’s Singapore branch, Bank of Communications’ Hong Kong branch, Bank of East Asia, China Construction Bank (Asia), China Everbright Bank’s Hong Kong branch, China International Capital Corp. Hong Kong Securities, China Minsheng Banking’s Hong Kong branch, China Securities (International) Corporate Finance Co., Citigroup Global Markets, CLSA Singapore, CMB Wing Lung Bank, CMBC Securities, E.SUN Commercial Bank’s Hong Kong branch, First Abu Dhabi Bank PJSC, Guotai Junan Securities (Hong Kong), Industrial Bank’s Hong Kong branch, Malayan Banking, Mirae Asset Securities (Singapore), MUFG Securities Asia, NAB, OCBC, Shanghai Pudong Development Bank’s Hong Kong branch, SPDB International Capital, UOB and Zhongtai International Securities (Singapore).

Industrial and Commercial Bank of China (ICBC) Hong Kong branch

Industrial and Commercial Bank of China (ICBC)’s Hong Kong branch said Thursday its US$1 billion 1.65 percent notes due 2026 (ISIN code: XS2381043350) would be listed on SGX on Friday.

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 filing said the lead managers and bookrunners of the notes are: ICBC (Asia), ICBC International Securities, ICBC Standard Bank, ICBC (Europe), ICBC’s London branch, ICBC’s Singapore branch, ICBC (Macau), Agricultural Bank of China’s Hong Kong branch, Bank of China, Bank of China (Hong Kong), BNP Paribas, China Construction Bank (Asia), China Everbright Bank’s Hong Kong branch, Citigroup Global Markets, CMB Wing Lung Bank, Credit Agricole Corporate and Investment Bank, HSBC, Standard Chartered Bank, UBS’ Hong Kong branch, Bank of Communications’ Hong Kong branch, China International Capital Corp. Hong Kong Securities, China Securities (International) Corporate Finance Co., CLSA, CMBC Securities, Commonwealth Bank of Australia, Industrial Bank’s Hong Kong branch, KDB Asia, Merrill Lynch (Asia Pacific) and Shanghai Pudong Development Bank’s Hong Kong branch.

Industrial and Commercial Bank of China (ICBC) Luxembourg branch

Industrial and Commercial Bank of China (ICBC)’s Luxembourg branch said Thursday its 500 million euro 0.125 percent notes due 2024 (ISIN code: XS2384014705) would be listed on SGX’s bond market on Friday.

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 filing said the lead managers and bookrunners of the notes are: Citigroup Global Markets, Credit Agricole Corporate and Development Bank, ICBC International Securities, Natixis, Societe Generale, Bank of China’s Luxembourg branch, Banque Internationale a Luxembourg, China Construction Bank (Europe), China International Capital Corp. Hong Kong Securities, Cooperatieve Rabobank, Deutsche Bank Aktiengesellschaft, ICBC Standard Bank, ICBC (Asia), ICBC (Europe), ICBC (Macau), Skandinaviska Enskilda Banken and UBS’ London Branch.

Industrial and Commercial Bank of China (ICBC) London branch

Industrial and Commercial Bank of China (ICBC)’s London branch said Thursday its 250 million British pound 1.625 percent notes due 2025 (ISIN code: XS2384533563) would be listed on SGX’s bond market on Friday.

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

The filing said the lead managers and bookrunners of the notes are: Barclays Bank, Citigroup Global Markets, Credit Agricole Corporate and Investment Bank, HSBC Bank, ICBC Standard Bank, Standard Chartered Bank, Bank of China’s London branch, BNP Paribas, China Zheshang Bank’s Hong Kong branch, CMBC Securities, DBS Bank, ICBC International Securities, ICBC (Asia) and J.P. Morgan Securities.

Prudential PLC

Prudential PLC said Thursday it has priced US$1 billion in subordinated notes due 2033 at 2.95 percent, which will be issued under its US$10 billion medium-term note program.

The expected use of proceeds is general corporate purposes, including the planned redemption of its US$725 million 4.375 percent notes, Prudential said in a statement filed to SGX.

U.K.-based Prudential is a multinational insurance company.

 

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