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