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U.S. April New-Home Sales Rise 2.3% To 454,000 Annual Rate

Neptune Orient Lines Said to Pick Banks on Singapore Dollar Bond

Neptune Orient Lines Ltd. hired DBS Bank Ltd., HSBC Holdings Plc (HSBA), Oversea-Chinese Banking Corp. and Standard Chartered Plc to arrange a Singapore dollar-denominated perpetual bond, according to a person familiar with the matter, who asked not to be identified because the details are private.

To contact the reporter on this story: Rachel Evans in Hong Kong at revans43@bloomberg.net

To contact the editor responsible for this story: Andrew Monahan at amonahan@bloomberg.net

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