SG debt listings Friday: Kookmin Bank, Rio Smart Lighting, Lijian International

U.S. one-dollar currency notes; taken September 2018.U.S. one dollar bills.

These are entities which announced debt listing confirmations in Singapore on Friday, 3 December 2021: Kookmin Bank, Lijian International Co., and Rio Smart Lighting SARL.

Kookmin Bank

Kookmin Bank said Friday its US$50 million floating rate notes due 2022 (ISIN code: XS2404247897) would be listed on SGX’s bond market on Monday.

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 Credit Agricole Corporate and Investment Bank, 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.

Rio Smart Lighting

Rio Smart Lighting SARL said Friday its 925 million Brazilian real 12.25 percent senior unsecured notes due 2032 (ISIN code: US76721RAA68 and USL79820AA10) would be listed on SGX’s bond market on Monday.

The notes, which will trade in Brazilian reals will be in denomination of 500,000 real, which is also the minimum board lot size, with a minimum of two bids, the company said in a filing to SGX.

The lead manager and bookrunner of the notes is Goldman Sachs & Co., the filing said.

The U.S. International Development Finance Corp. (DFC) is providing an investment guarantee for the notes. The company has entered a 20-year concession agreement to modernise, maintain and operate the public lighting systems and install smart-city infrastructure in Rio de Janeiro, Brazil.

Lijian International

Lijian International Co. said Friday its US$60 million 2.45 percent credit enhanced bonds due 2022 (ISIN code: XS2392252255) would be listed on SGX’s bond market on Monday.

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 Hua Xia Bank’s Hong Kong Branch, China Industrial Securities International, ABC International, Central Wealth Securities Investment, Fosun Hani, Huatai International and Sigma Capital, the filing said.

Nanjing Lishui Urban Construction Group, a local government financing vehicle for the Lishui district government in Nanjing, Jiangsu province in China, has provided a keepwell for the bonds; it provides infrastructure construction.

 

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