Tag Archive: HYFLUX 6% SGD PERPETUAL

** NEW ISSUE: HYFLUX LTD SGD SUB PERP NC4 at 6% **

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**NEW ISSUE: HYFLUX LTD SGD SUBORDINATED PERP NC4 AT 6.00% (SUBJECT TO RESET/STEP-UP FROM AND INCLUDING 27 MAY 2020 AND EACH SUCCESSIVE DATE FALLING EVERY 4 YEARS THEREAFTER) ** ISSUER: Hyflux Ltd (“Issuer”)… Continue reading

Singapore Stock Alert : Hyflux

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I thought I better point out that Hyflux has taken a dip recently with their share price approaching their 5 year low back in Dec 2011. Share price is down 12% year to… Continue reading

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

SGD New Issue Review : Hyflux Subordinated Perpetual NC3 High 5%

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Issuer: Hyflux Ltd. • Issue: SGD subordinated perpetual capital securities • Ratings: Unrated • Format: Regulation S only and S274/275 of SFA • Issue Size: TBD • Tenor: Perpetual NC3 • Ranking: Subordinated… 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 : Fed With A Heart For How Long ?

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“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

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

REVISITING SGD PERPETUALS

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Perpetuals are hybrid securities that combines elements of both debt and equity securities. SGD 1 billion OCBC 5.1% retail pref share maturing on 29 July. UOB quickly launches the very first SGD bank… Continue reading