Q4: More of the Same?
Photo courtesy of Ms Eleanor W., Perth, W.A.. Three quarters into the year, let’s take stock of where we are in terms of performance across the different equity and credit asset classes… Continue reading
Photo courtesy of Ms Eleanor W., Perth, W.A.. Three quarters into the year, let’s take stock of where we are in terms of performance across the different equity and credit asset classes… Continue reading
11 months after issuing their first SGD AT1, Julius Baer returns with a second one, with a similar structure to the one done last year. Issuer: Julius Baer Group Ltd Instrument: Reg S… Continue reading
Yet another Chinese AT1 hits the market. With response to last week’s Cinda AM Perp NC5 AT1 lukewarm, it will be interesting to see how investors take to this. The new Cinda AT1… Continue reading
Issuer: State Bank of India, acting through its DIFC branch Subordinated, ranking behind Tier 2 Notes, pari passu in respect of debt instruments classified as Additional Tier 1 Capital and senior to equity… Continue reading
(Bloomberg) — May price today. Issuer: United Overseas Bank Ltd Reg S Issuer ratings: Aa1/AA-/AA- Expected issue ratings: A2/–/A+ Subordinated Tier 2 Issuer optional redemption: One-time issuer call option at par in year… Continue reading
**DBS GROUP HOLDINGS LTD – US$ PERP NC5 AT1 PERPETUAL CAPITAL SECURITIES** ISSUER: DBS Group Holdings Ltd INSTRUMENT: Additional Tier 1 Perpetual Capital Securities RANKING: Subordinated, ranking behind Tier 2 instruments, pari passu… Continue reading
ISSUER: Mapletree Commercial Trust Treasury Company Pte. Ltd. GUARANTOR: DBS Trustee Limited (in its capacity as trustee of Mapletree Commercial Trust) STATUS: Direct, unconditional, unsubordinated, unsecured Notes ISSUER RATINGS: Baa1 / – /… Continue reading
(Bloomberg) — May price today. * Issuer: Standard Chartered PLC * 144A/Reg S * Instrument: USD Fixed Rate resetting perpetual subordinated contingent convertible securities * Ranking: Prior to any conversion trigger event, ranking… Continue reading
Issuer: FCOT Treasury Pte. Ltd. Guarantor: British and Malayan Trustees Limited (in its capacity as trustee of FCOT) Expected Issue Rating: Baa2 (Moody’s) Status: Senior, unsecured Issue Size: TBD Format/Docs: Bearer / Issuer’s… Continue reading
ISSUER: RKI Overseas Finance 2016 (A) Limited GUARANTORS: Road King Infrastructure Limited (1098 HK) and its subsidiaries (other than those established under the law of the PRC or special purpose vehicle subsidiaries incorporated… Continue reading