IN BRIEF – ASIA

* PUB, Singapore’s national water agency, has issued a total of S$650 million in new bonds: a S$350 million 7-year tranche via HSBC and OCBC carries a semi-annual coupon of 3.095%, while a S$300 million 20-year piece via DBS Bank has a 3.62% interest rate.

Proceeds from both issues will be used to fund PUB’s capital projects.

* Dutch engineering consultancy DHV and the Hai Duong Water Supply Company have signed a turnkey contract for the Hai Duong Water Supply Project in Vietnam. The €17 million contract involves the construction of a drinking water system for 100,000 inhabitants and industries in a town near ...

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