Container terminal operator Hutchison Port Holdings Trust (HPHT) has unveiled plans for its second $500m bond issuance in 2021.

The Singapore-listed company said in a regulatory filing that the latest notes would have a tenure of five years and carry a coupon of 1.5%.

Merrill Lynch, DBS Bank, HSBC and Standard Chartered Bank have been appointed as the joint bookrunners and the joint lead managers for the bond issue.