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LTA sells S$1.4b bond, its second mega deal in 2019

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The latest LTA issue was well received, with broad-based participation and a growing number of investors, said Clifford Lee, DBS Bank head of fixed income.

Singapore

THE Land Transport Authority of Singapore has sold a S$1.4 billion 35-year bond, its second massive deal this year.

The latest issue carries a 3.30 per cent coupon, said DBS Bank, one of the joint bookrunners for the deal on Wednesday. The other bookrunners were HSBC,...

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