SG debt listings Wednesday: Straits Trading, Korea Development Bank, Colombia Telecom

South Korean flags. Photo by Stephanie Nakagawa on UnsplashSouth Korean flags. Photo by Stephanie Nakagawa on Unsplash

These are entities which announced debt listing confirmations in Singapore on Wednesday, 4 May 2022: The Straits Trading Co., Korea Development Bank, and Colombia Telecomunicaciones.

The Straits Trading Co.

The Straits Trading Co. said Wednesday its S$170 million 4.10 percent notes due 2026 (ISIN code: SGXF74313176) would be listed on SGX’s bond market on Thursday.

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-based company said in a filing to SGX.

Colombia Telecomunicaciones

Colombia Telecomunicaciones said Wednesday its US$500 million 4.95 percent senior notes due 2030 (ISIN codes: US19533PAC41 and USP28768AC69) 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 telco said in a filing to SGX.

Colombia Telecomunicaciones is a 67.5 percent-owned subsidiary of Spain-based telco Telefonica; it provides fixed-line, mobile and broadband service in Colombia.

Korea Development Bank

Korea Development Bank said Wednesday its GBP25 million 2.19 percent notes due 2032 (ISIN code: XS2466087173) would be listed on SGX’s bond market on Thursday.

The notes, which will trade in pound sterling, will be in denomination of GBP200,000, which is also the minimum board lot size, the development bank said in a filing to SGX.

The state-owned policy bank, Korea Development Bank, provides industrial capital to help develop South Korea’s economy.