Singapore's Yanlord Land on roadshow to market bond offering

By Marisa Wong

Madison, Wis., March 17 - Yanlord Land Group Ltd. is planning a Singapore dollar-denominated bond offering following a series of fixed-income investor meetings in Singapore beginning on Monday, according to a Singapore Exchange announcement.

The company has mandated DBS Bank Ltd., HSBC, Royal Bank of Scotland and Standard Chartered Bank as joint bookrunners and joint lead managers for the proposed Regulation S deal.

The notes are expected to be rated Ba3 by Moody's Investors Service and BB- by Standard & Poor's.

Yanlord is a Singapore-based property developer.

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