Singapore debt listings Monday: Flight Centre Travel, Ascendas REIT, KB Securities

A business park property in Raleigh, North Carolina, U.S., to be acquired by Ascendas REIT. Credit: Ascendas REITA business park property in Raleigh, North Carolina, U.S., to be acquired by Ascendas REIT. Credit: Ascendas REIT

These are entities which announced debt listing confirmations in Singapore on Monday, 1 November 2021: KB Securities, Flight Centre Travel Group, and HSBC Institutional Trust Services (Singapore) in its capacity as trustee of Ascendas REIT.

Ascendas REIT

HSBC Institutional Trust Services (Singapore), in its capacity as trustee of Ascendas REIT, said Monday its HK$950 million 2.63 percent notes due 2031 (ISIN code: XS2403268258) would be listed on SGX’s bond market on Tuesday.

The notes, which will trade in Hong Kong dollars, will be in denomination of HK$1 million, with a minimum board lot size of HK$500,000, to be traded in lots of four, the trustee said in a filing to SGX.

The lead manager and bookrunner of the notes is DBS Bank, the filing said.

KB Securities

KB Securities said Monday its US$300 million 2.125 percent senior unsecured notes due 2026 (ISIN code: XS2393758987) would be listed on SGX’s bond market on Tuesday.

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 notes are Citigroup Global Markets, HSBC, KB Securities Hong Kong and Societe Generale, the filing said.

KB Securities, which is among South Korea’s largest investment banks, is part of the KB Financial Group. South Korea’s KB Financial Group provides banking, securities, investment banking, asset management and insurance services.

Flight Centre Travel Group

Flight Centre Travel Group said Monday its A$400 million 1.625 percent convertible note due 2028 (ISIN code: XS2400443748) would be listed on SGX’s bond market on Tuesday.

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 managers and bookrunners of the notes are UBS’ Australia branch and Merrill Lynch Equities (Australia), the filing said.

Australia-based Flight Centre Travel Group is a travel group, with a leisure and corporate travel sales network and a global corporate travel management network. The company is listed on ASX.

 

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