These are entities which announced debt listing confirmations in Singapore on Monday, 28 March 2022: Redco Properties Group, DBS Bank’s Hong Kong branch and Hyundai Heavy Industries.
DBS Bank’s Hong Kong branch
DBS Bank‘s Hong Kong branch said its HK$274 million 2.07 percent notes due 2024 (ISIN code: HK0000833779) would be listed on SGX’s bond market on Tuesday.
The notes, which will trade in Hong Kong dollars, will be in denomination of HK$1 million, with a minimum board lot size of HK$100,000, with a minimum of 20 lots to be traded in a single transaction, Southeast Asia’s largest bank said in a filing to SGX.
Hyundai Heavy Industries
Hyundai Heavy Industries said Monday its US$300 million 3.179 percent guaranteed senior unsecured green notes due 2027 (ISIN code: XS2454246989) would be listed on SGX’s bond market on Tuesday.
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.
Hyundai Heavy Industries engages in the shipbuilding, offshore, engineering and machinery sectors.
Redco Properties Group
Redco Properties Group said Monday its US$191,601,984 8 percent senior notes due 2023 (ISIN code: XS2459381104) would be listed on SGX’s bond market on Tuesday.
The notes, which will trade in U.S. dollars, will be in denomination of US$150,000, which is also the minimum board lot size, the company said in a filing to SGX.
Hong Kong-listed Redco Properties is a property developer in China. Earlier this month, Fitch Ratings downgraded Redco Properties to C from CCC-minus after the developer launched a distressed debt exchange to extend outstanding bond maturities by nine to 12 months.
