HSBC debuts SGD bond market with bumper S$1 billon perpetual deal
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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.
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