Published on 5/22/2019 in the Prospect News Emerging Markets Daily.
New Issue: Singapore’s Housing and Development issues S$700 million 2.164% notes due 2024
By Rebecca Melvin
New York, May 22 – Housing and Development Board issued S$700 million of 2.164% fixed-rate notes due 2024 on Wednesday, according to a notice.
DBS Bank Ltd., Maybank Kim Eng Securities Pte. Ltd., Standard Chartered Bank (Singapore) Ltd. and Overseas Bank Ltd. were the lead managers and bookrunners of the notes.
The public housing board is based in Singapore.
Issuer: | Housing and Development Board
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Issue: | Fixed-rate notes
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Amount: | S$700 million
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Maturity: | 2024
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Bookrunner: | DBS Bank Ltd., Maybank Kim Eng Securities Pte. Ltd., Standard Chartered Bank (Singapore) Ltd. and Overseas Bank Ltd.
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Coupon: | 2.164%
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Issue date: | May 22
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