Singapore debt listings Thursday: Lendlease Europe Finance, KDB, Industrial Bank of Korea

British pound coinsBritish pound coins

These are entities which announced debt listing confirmations in Singapore on Thursday, 2 December 2021: Lendlease Europe Finance, The Korea Development Bank (KDB) and the Industrial Bank of Korea.

Lendlease Europe Finance

Lendlease Europe Finance said Thursday its 250 million British point 3.5 percent fixed-rate green notes due 2033 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 100,000 pounds, the entity said in a filing to SGX.

The lead managers and bookrunners of the notes are Citigroup Global Markets, HSBC Bank, Merrill Lynch International, NatWest Markets, Bank of China’s London branch, Barclays Capital Asia and SMBC Nikko Capital Markets, the filing said.

Lendlease Europe Finance is a subsidiary of the Lendlease real estate group.

Industrial Bank of Korea

The Industrial Bank of Korea said Thursday its US$44 million 1.29 percent fixed-rate notes due 2026 (ISIN code: XS2399151757) 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 lead manager and bookrunner of the notes is Mizuho Securities Asia, the filing said.

The Industrial Bank of Korea is a state-owned bank which promotes small and medium-sized enterprises (SMEs) by providing credit.

Korea Development Bank

The Korea Development Bank (KDB) said Thursday its US$20 million 1.448 percent fixed-rate notes due 2025 (ISIN code: XS2417098501) 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 lead manager and bookrunner of the notes is HSBC, the filing said.

The state-owned policy bank, Korea Development Bank, provides industrial capital to help develop South Korea’s economy.

 

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