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
ASCENDAS INDIA TRUST 5YR SGD NEW ASCENDAS INDIA TRUST SGD 5YR ANNOUNCED FOLLOWING PRICE GUIDANCE: 4% AREA COMPS Security AITSP 3.50% 2016 2.85% 101.35 AREIT 2.50% 2019 2.47% 100.125 AREIT 4.00% 2022 3.33% … Continue reading
KRISENERGY 4YR SGD NEW 4 YEAR KRISENERGY SGD BENCHMARK ANNOUNCED PRICE GUIDANCE: 6% AREA MINIMUM CASH COVENANT INCREASED TO USD20MM – COVERS MORE THAN ONE YEAR OF DEBT SERVICE OF NEW SGD NOTES… Continue reading
Chirpy Friday opening after a massive rally this week for credits to bounce right back as German 10Y bunds rally under 1% in yield which should go into textbooks as prices hit 150… 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
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
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
I was going to start with snitching about Brokeback Mountain (ban ! ban ! ban !) to cap this action packed week that has come to a gruesome end when news broke of… Continue reading
NEW ISSUE – HOUSING DEVELOPMENT BOARD 10Y SGD @ 3.10% ISSUER: Housing and Development Board RATING: Unrated SERIES: 60 FORMAT: S274 & 275 and Reg S Bearer, Fixed Rate Notes (off Issuer’s S$32bn… Continue reading
We have been unhappy with the state of the SGD bonds OTC markets for a while now as we noted in May when an investor submitted some market feedback to the ST forum… Continue reading