GLL IHT S$350 million 4.6% subordinated perpetual notes issue

19/2/2018

Investment grade bond/note issue

Value:

S$ 350 million

Status:

Announced

Date:

19/2/2018

Overview:

GLL IHT has issued S$350 million in 4.6% subordinated perpetual notes.
The issue consisted of two tranches and was made under the company's S$3 billion multi-currency MTN programme.
DBS Bank, HL Bank, HSBC, Standard Chartered Bank and Oversea-Chinese Banking Corporation have acted as dealers on the deal.

Katrin Kostadinova - Data analyst

Jurisdiction:

Singapore

Deal type:

Investment grade bond/note issue

Practice area:

Capital markets : Debt

Governing law:

Singapore

Industry sector:

Consumer goods and services

Firm:

Allen & Gledhill

Party: DBS Bank (Dealer)

Party: HSBC (Dealer)

Party: Standard Chartered Bank (Dealer)

Party: Overseas Chinese Banking Corporation (Dealer)

Party: HL Bank (Dealer)

Lawyers: Kangxin Ong, Margaret Chin

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