SG debt listings Tuesday: HDB lists S$950M notes due 2029; Scotiabank, Yuzhou Group

Singapore public housing blocks in 1968; unknown location.Singapore public housing blocks in 1968; unknown location. Taken by Leonard Shaffer.

These are entities which announced debt listing confirmations in Singapore on Tuesday, 25 January 2022: Housing and Development Board (HDB), Bank of Nova Scotia, and Yuzhou Group Holdings Co.

Housing and Development Board (HDB)

Housing and Development Board (HDB) said Tuesday its S$950 million 1.971 percent notes due 2029 (ISIN code: SGXF42837876) would be listed on SGX’s bond market on Wednesday. 

The notes, which will trade in Singapore dollars, will be in denomination of S$250,000, which is also the minimum board lot size, the Singapore government agency said in a filing to SGX.

HDB is Singapore’s public housing authority; more than 80 percent of Singapore’s residents live in HDB housing.

Yuzhou Group Holdings Co. 

Yuzhou Group Holdings Co. said Tuesday its US$453,351,400 7.8125 percent senior notes due 2023 (ISIN code: XS2429784809) 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$150,000, with a minimum board lot size of US$200,000, the company said in a filing to SGX. 

Hong Kong-listed Yuzhou Group Holdings is a China-based investment holding company, with property development in mainland China as its main business.

Bank of Nova Scotia

The Bank of Nova Scotia said Tuesday its A$40 million callable 3.05 percent coupon notes due 2032 (ISIN code: XS2435567594) would be listed on SGX’s bond market on Wednesday. 

The notes, which will trade in Australian dollars, will be in denomination of A$1 million, with a minimum board lot size of A$200,000, with a minimum of five lots in a single transaction, the bank said in a filing to SGX. 

The Bank of Nova Scotia, which operates as Scotiabank, is one of Canada’s Big Five banks, offering personal, commercial, investment and private banking. Outside of Canada, the bank has operations in Latin America and Asia.

Bank of Nova Scotia

The Bank of Nova Scotia said Tuesday its A$13 million callable zero-coupon notes due 2037 (ISIN code: XS2435569293) would be listed on SGX’s bond market on Wednesday. 

The notes, which will trade in Australian dollars, will be in denomination of A$1 million, with a minimum board lot size of A$200,000, with a minimum of five lots in a single transaction, the bank said in a filing to SGX. 

The Bank of Nova Scotia, which operates as Scotiabank, is one of Canada’s Big Five banks, offering personal, commercial, investment and private banking. Outside of Canada, the bank has operations in Latin America and Asia.