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

Published Wed, May 22, 2019 · 09:50 PM

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    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, OCBC Bank and United Overseas Bank.

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