Housing and Development Board S$680 million notes issue

Overview:

• Housing and Development Board has undertaken a S$680 million notes issue.
• The 2.25% notes are issued under the board's S$32 billion MTN Programme and are due November 2024.
• Joint lead managers on the deal were DBS Bank, Industrial and Commercial Bank of China, Oversea-Chinese Banking Corporation, Standard Chartered Bank and United Overseas Bank. 
• The company has previously issued S$900 million under the same programme. 

Katrin Kostadinova - Data analyst