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
TATA STEEL DUAL TRANCHE US$ REGS 5.5YR & 10YR Issuer: ABJA Investment Co. Pte. Ltd Guarantor: Tata Steel Limited Issue: Fixed Rate Senior Unsecured Notes Guarantor Rating: Ba3 (Moody’s) / BB (S&P) /… 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
I am beginning to think its a market plague even as the world has a few real diseases outbreaks to worry about. BUBONIC PLAGUE A Chinese town has been sealed off and 151… 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
Anyone concerned about the future of the world economy should be reading chapter 15 (A Global Tax on Capital) of Piketty’s book entitled ‘Capital in the 21st Century’. In Piketty’s own words: “The… 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
HYFLUX SGD PERP NC2 – Price Guidance: High 4% area – Perpetual NC2 with rate reset in year 2 and 200bps step-up in year 2 – Significant early indication of interest prior to… Continue reading
It could get ugly next week. Markets ended Friday on a high, post Thursday plane crash, and oblivious to further geopolitical drama to unfold. Well, it may not be smooth sailing after the… Continue reading