Tag Archive: HYFLUX 4.29 03/2015

SGD New Issue Review : Hyflux Perp NC2 High 4%

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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

Bonds In Conversation : Rejoice, Revel & Reap The ShutDown

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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

Bonds In Conversation : Survival of The Fittest

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Largest Bond Deal Ever In History Verizon (Baa1/BBB+/A-) Sells $49b in 8-Part Offering, Largest Bond Deal Ever Verizon’s deal tops Apple’s 6-part, $17b offering. $4.25b 3Y fixed sold at+165bps $2.25 3Y FRN sold… Continue reading

Bonds In Conversation : When It Rains, It Floods

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I have floods on my mind though I have not mustered the courage to step foot outside yet for the entire day. The 10Y US treasury note suffered a nasty tumble yesterday, led… Continue reading

SGD Bonds : Hyflux Consent Solicitation

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3 Hyflux bonds affected. 1. Hyflux 5.68 09/2014 SGD 60 mio 2. Hyflux 4.29 03/2015 SGD 75 mio 3. Hyflux 3.89 01/2016 SGD 55 mio Do not know much of the details because… Continue reading