SG debt listings Wednesday: Ex-Im Bank of Korea, Xinrui Intl, JGC Ventures, Modernland Overseas

Australian notes and coins

These are entities which announced debt listing confirmations in Singapore on Wednesday, 22 December 2021: The Export-Import Bank of Korea, Xinrui International Investment Development, JGC Ventures and Modernland Overseas.

Export-Import Bank of Korea

The Export-Import Bank of Korea said Wednesday its A$60 million 2.7 percent fixed-rate notes due 2036 (ISIN code: XS2422525431) would be listed on SGX’s bond market on Thursday.

The notes, which will trade in Australian dollars, will be in denomination of A$5 million, with a minimum board lot size of A$200,000 with a minimum of 25 lots, the bank said in a filing to SGX.

The lead manager and bookrunner of the notes is Macquarie Bank’s Sydney head office, the filing said.

The Export-Import Bank of Korea provides financial support, including credit, to South Korean companies for export and import deals, overseas investments and developing natural resources overseas.

Xinrui International Investment Development

Xinrui International Investment Development said Wednesday its US$65 million 1.9 percent credit-enhanced bonds due 2022 (ISIN code: XS2423462113) would be listed on SGX’s bond market on Thursday.

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 Guoyuan Capital (Hong Kong), Fosun Hani Securities and Dongxing Securities (Hong Kong), the filing said.

Xinrui International Investment Development is a subsidiary of Taizhou East New City Development Group, previously known as Taizhou Xinhong Culture Industry Development, which is a major infrastructure construction platform in Taizhou City.

JGC Ventures

JGC Ventures said Wednesday its US$179,16 million 3 percent guaranteed senior notes due 2025 (ISIN code: XS1871087133) would be listed on SGX’s bond market on Thursday.

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.

JGC Ventures is a wholly owned subsidiary of Indonesia-based PT Modernland Realty, which develops townships, residential projects and industrial estates and hospitality developments.

Modernland Overseas

Modernland Overseas said Wednesday its US$268.48 million 3 percent guaranteed senior notes due 2027 (ISIN code: XS1592893546) would be listed on SGX’s bond market on Thursday.

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.

Modernland Overseas is a wholly owned subsidiary of Indonesia-based PT Modernland Realty, which develops townships, residential projects and industrial estates and hospitality developments.

 

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