By Reshmi Basu
New York, July 10 - The Housing and Development Board (HDB) said it issued S$500 million of fixed-rate notes under its S$7 billion medium-term note program.
The notes were divided into two tranches of S$400 million in five-year 3.805% notes and S$100 million in 10-year 3.995% notes, according to the company's web site.
The lead manager was the Singapore branch of BNP Paribas.
The issuer is Singapore's public housing authority.
| Issuer: | Housing and Development Board
|
| Issue: | Two tranches of fixed-rate notes
|
| Total amount: | S$500 million
|
| Pricing date: | July 10
|
| Bookrunner: | BNP Paribas
|
|
|
| Five-year notes
|
| Amount: | S$400 million
|
| Issue: | Fixed-rate notes
|
| Maturity: | 2011
|
| Coupon: | 3.805%
|
|
|
| 10-year notes
|
| Amount: | S$100 million
|
| Issue: | Fixed-rate notes
|
| Maturity: | 2016
|
| Coupon: | 3.995%
|
|
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
