Published on 6/3/2019 in the Prospect News Emerging Markets Daily.
New Issue: Singapore’s Land Transport sells S$1.4 billion 3.3% notes due 2054
By Rebecca Melvin
New York, June 3 – Land Transport Authority issued S$1.4 billion of 3.3% notes due 2054, according to a Singapore Stock Exchange notice.
DBS Bank Ltd., HSBC Ltd. Singapore Branch, Oversea-Chinese Banking Corp. Ltd. and United Overseas Bank Ltd. were the lead managers and bookrunners.
The issuer is a statutory board under Singapore’s ministry of transport.
| Issuer: | Land Transport Authority
|
| Issue: | Notes
|
| Amount: | S$1.4 billion
|
| Maturity: | 2054
|
| Bookrunners: | DBS Bank Ltd., HSBC Ltd. Singapore Branch, Oversea-Chinese Banking Corp. Ltd. and United Overseas Bank Ltd.
|
| Coupon: | 3.3%
|
| Issue date: | June 3
|
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