NEW ISSUE: EZION HOLDINGS LIMITED SGD SUBORDINATED PERP-NC-4Y Issuer: Ezion Holdings Limited Issue: SGD Subordinated Perpetual Securities Ratings: Unrated Format: Registered form, Regulation S only and S274/275 of SFA, issuance off S$1.5 billion… Continue reading
ASL MARINE SGD 4YR – New SGD 4YR transaction announced at 5.5% area – Expected issue size: SGD50 million – Timing: As early as today COMPS ASL Marine 4 ¾% 03/28/17 100.00 4.75%… Continue reading
NEW ISSUE: PACIFIC RADIANCE LTD. SGD 4YR ISSUE Issuer: Pacific Radiance Ltd. Status: Direct, unconditional, unsubordinated and unsecured Notes Rating: Unrated Format: Reg S, S274 & 275 of Singapore SFA Tenure: 4 Years… Continue reading
A lesson to be learnt in the massive traffic jam on the Singapore side of the Johor causeway – what a wonderful position to be in for others to pay the price for… Continue reading
Nov. 28 (Bloomberg) — Person familiar with the matter says. • Issuer: Manta 2 Holdings Limited to be amalgamated with Miclyn Express Offshore (MEO) • Guarantors: Unconditional and irrevocable guarantee from each material… Continue reading
What does one expect to gain by saying this ? “I can only say: I’m sorry, America. As a former Federal Reserve official, I was responsible for executing the centerpiece program of the… Continue reading
Caveat emptor : Non Americans only The shut down has been good for the rest of the world. Equities and credit markets are holding more than steady. Bonds are outperforming, even high yields… Continue reading
“America’s companies, from Apple Inc. (AAPL) to Verizon Communications Inc., are saving about $700 billion in interest payments with the Federal Reserve’s unprecedented stimulus.” http://www.bloomberg.com/news/2013-09-17/bernanke-saves-companies-700-billion-as-apple-to-verizon-borrow.html We have not counted what the rest of… Continue reading
Sept. 11 (Bloomberg) — Shipping rates extended gains to the highest since 2011 as Chinese steel mills replenish iron ore stockpiles amid record output. The Baltic Dry Index, a benchmark for costs to… Continue reading
Singapore Corporate Bonds 2017 : No Rain, No Rainbow
by tradehaven2016 has been a great hunting year for some investors, taking advantage of one of the darkest periods in Singapore bond market history to pick up obscene bargains while others footed the price.… Continue reading →