Pink Slime and Defaults Are Back
2 years ago when I first started writing to a much smaller audience, pink slime was in vogue which stirred my interest and I incorporated it into one of my earliest pieces, Credit… Continue reading
2 years ago when I first started writing to a much smaller audience, pink slime was in vogue which stirred my interest and I incorporated it into one of my earliest pieces, Credit… Continue reading
While I was away, we had a 10Y SGS auction on 29 Jul which is the last long end paper we are seeing for the year. The auction saw the lowest demand since… Continue reading
Was it the supermoon that I did not manage to catch last night ? And Robin Williams has departed from our world. I read a comment on Twitter about a Catch 22 situation… Continue reading
I am not sure if, like me, you feel like you are living in a Nanny marketplace because for weeks and months, I have been struggling to find an apt word to describe… Continue reading
It has been a truly strange week. What was supposed to happen did not happen – no Russia embargo, no China default. We had 2 new plane crashes, new historic highs in the… Continue reading
ISSUER : Dyna-Mac Holdings Ltd. STATUS : Direct, unconditional, unsubordinated and unsecured Notes ISSUE SIZE : TBD FORMAT/DOCS : Reg S, Sections 274 and/or 275 of the SFA, issuance off SGD 300 million… Continue reading
As I have commented on before, markets are by their basic nature always uncertain, even when the real world can seem so black and white sometimes. And as I have said before, perceived… Continue reading
NEW ISSUE: OTTO MARINE SGD 2Y ISSUE Issuer: Otto Marine Services Pte. Ltd. Guarantor: Otto Marine Limited Status: Senior Unsecured Fixed Rate Notes Format: Reg S, Bearer, Section 274/275 of the SFA, issued… Continue reading
PACIFIC ANDES RESOURCES DEVELOPMENT SGD 3YRS – New Pacific Andes Resources Development SGD 3yrs announced. Deal is anchored. – Initial price guidance: 8.75% area – Comps: Midas Holdings 5.75 2017 – 100.20, 5.67%… Continue reading
*HALCYON AGRI SGD 5NC3 – New Halcyon Agri SGD 5NC3 announced post successful SGD roadshow in SG. Deal is anchored. – Step up margin: 2.00% if not called on the first call date… Continue reading