SG debt listings Friday: Lanxi Transportation Construction

U.S. two-dollar billsPhoto by Leslie Shaffer

These are entities which announced debt listing confirmations in Singapore on Friday, 29 April 2022: Lanxi Transportation Construction Investment Group.

Lanxi Transportation Construction Investment Group

Lanxi Transportation Construction Investment Group said Friday its US$100 million 3.9 percent credit-enhanced bonds due 2025 (ISIN code: XS2473581457) would be listed on SGX’s bond market on Wednesday. Singapore’s markets will close for public holidays on Monday and Tuesday.

The bonds, 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 Friday.

Lanxi Transportation Construction Investment Group is a Chinese state-owned enterprise in the transportation industry in Lanxi, Zhejiang Province, and is the sole platform for construction and development of Lanxi’s transportation network. Its businesses include infrastructure construction, engineering and construction, road transportation, raw water and power generation and road maintenance, according to the bond offering circular.