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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
Issue:Fixed-rate notes
Amount:S$700 million
Maturity:2024
Bookrunner:DBS Bank Ltd., Maybank Kim Eng Securities Pte. Ltd., Standard Chartered Bank (Singapore) Ltd. and Overseas Bank Ltd.
Coupon:2.164%
Issue date:May 22

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