SG debt listings Thursday: Ex-Im Bank of Korea, Scotiabank, Victoria Power Networks

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 Thursday, 10 February 2022: Export-Import Bank of Korea, Bank of Nova Scotia (Scotiabank) and Victoria Power Networks (Finance). 

Export-Import Bank of Korea

The Export-Import Bank of Korea said Thursday its US$200 million 2.447 percent fixed-rate notes due 2034 (ISIN code: XS2443521203) 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 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.

Victoria Power Networks (Finance)

Victoria Power Networks (Finance) said Thursday its A$40 million 3.1 percent fixed-rate notes due 2032 (ISIN code: AU3CB0286359) would be listed on SGX’s bond market on Friday. 

The notes, which will trade in Australian dollars, will be in denomination of A$500,000, which is also the minimum board lot size, the company said in a filing to SGX. 

Victoria Power Networks (Finance) is wholly owned by Australia’s Victoria Power Networks and acts as a funding vehicle; the issuer’s subsidiaries CitiPower and Powercor operate in the electricity distribution segment.

Bank of Nova Scotia

Bank of Nova Scotia said Thursday its US$20 million callable 2.85 percent fixed-coupon notes due 2032 (ISIN code: XS2440310485) 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$1 million, with a minimum board lot size of US$200,000 with a minimum of five lots to be traded 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.