SG debt listings Tuesday: Taiwan Cement Corp. to list US$800M zero-coupon bonds

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

These are entities which announced debt listing confirmations in Singapore on Tuesday, 7 December 2021: Taiwan Cement Corp.

Taiwan Cement Corp.

Taiwan Cement Corp. said Tuesday its US$800 million zero-coupon convertible bonds due 2026 (ISIN code:XS2418695636) 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 company said in a filing to SGX.

The lead manager and bookrunner of the notes is Credit Suisse (Hong Kong), the filing said.

Taiwan Cement, which is listed on Taiwan’s stock exchange, is a cement company based in Taiwan. Its website says it was the first company to hold an initial public offering (IPO) on Taiwan’s stock exchange in 1962.

In addition to cement, the company is involved in battery production; it completed the acquisition of a 60.48 percent stake in France-listed energy storage and electric-vehicle (EV) charger provider NHOA, formerly known as ENGIE EPS, in July. The company also has waste-treatment operations.


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