HSBC debuts SGD bond market with bumper S$1 billon perpetual deal
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
HSBC Holdings is making a debut in the local bond market with a bumper S$1 billion perpetual issue.
At S$1 billion, it is the largest SGD bond transaction from a corporate or financial institution since 2012.
Demand was hot with order books peaked at above S$7 billion.
The strong demand led to final pricing at 4.7 per cent from initial price guidance of around 5 per cent.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Why where you park your joint venture matters: Lessons from a US$689 million shareholder dispute
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Singaporeans can now buy record amount of yen per Singdollar
