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Hong Kong’s ESR plans securities denominated in Singapore dollars
By Rebecca Melvin
New York, Feb. 23 – ESR Cayman Ltd. is proposing to conduct an international offering of securities denominated in Singapore dollars, subject to market conditions, according to a regulatory announcement.
The securities will be issued under the company’s $2 billion multicurrency debt issuance program.
Credit Suisse (Singapore) Ltd., DBS Bank Ltd. and United Overseas Bank Ltd. are joint bookrunners of the Regulation S offering.
Application will be made to the Singapore Exchange Securities Trading Ltd. for the listing and quotation of the securities on the Official List of the SGX-ST.
ESR operates as a logistics real estate developer based in Hong Kong.
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