Category Archive: Bond Markets

TML Holdings 2018 SGD Bond Tender Offer

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Hearing that the company is offering to buy back S$350mm notional of the bonds at 103 plus accrued interest for tender instructions submitted before 21 December. That is a huge premium to the… Continue reading

New SGD Issue: BNP 10NC5 Tier 2 at 4.5%

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Here are the details of the deal: Issuer: BNP Paribas SA Subordinated notes Issuer ratings: A1/A+/A+ Expected issue rating: Baa2/BBB/A Optional redemption: Issuer may redeem notes at par upon the occurrence of a… Continue reading

USD New Bond Issue: CITIC ENVIROTECH USD SENIOR PERP-NC-3YR at 5.75%

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This is the issuer’s debut USD bond. Here are the details of the deal: ** NEW ISSUE: CITIC ENVIROTECH USD SENIOR PERP-NC-3Y – TERMS ** Issuer: CITIC Envirotech Ltd. (“Company”) Issue: Perpetual Securities… Continue reading

SGD NEW BOND ISSUE : Lippo Malls 3 Year at 4.50%

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NOTE : PRICE GUIDE UPDATED ! **********************************   Barely a month has passed since the Trikomsel saga. Is the SGD bond market ready for a new issue from an Indonesian credit? Here are… Continue reading

JULIUS BAER GROUP SGD AT1

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– Initial price thoughts low-mid 6% for a PerpNC5 AT1 – Strong interest received so far – Timing Wednesday at the earliest Thoughts: So after more than 2 weeks has passed since the… Continue reading