Tag Archive: SINGAPORE BOND MARKET

SGD NEW ISSUE REVIEW: CHINA METALLURGICAL GROUP SGD 2YR PRICE GUIDANCE @ LOW 3% AREA**

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  Issuer:              China Jingye Construction Engineering (Singapore) Pte Ltd. Guarantor:            China Metallurgical Group Corporation (“MCC”) Guarantor Rating:    Baa3 (Positive) by Moody’s… Continue reading

SGD New Issue Review : Sembcorp Industries SGD Perp NC 5 % (Updated)

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Issuer: Sembcorp Industries Unrated, subordinated Distribution: Fixed. Reset in yr 10 based on prevailing SGD 10Y SOR plus initial spreads and every 10Y after Step-up: 100bps in yr 10 Distribution deferral: At issuer’s… Continue reading

SGD New Issue Review : Golden Agri-Resources 3Y Mid 5%

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Golden Agri-Resources SGD 3YR – Initial Guidance @ Mid 5% ISSUER:  Golden Assets International Investment Pte.  Ltd. GUARANTOR: Golden Agri-Resources Ltd STATUS: Direct, unconditional, unsubordinated and  unsecured ISSUE RATING: Unrated ISSUE SIZE: TBD… Continue reading

SGD New Issue Review : International Healthway Corp 2Y 7%

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INTERNATIONAL HEALTHWAY CORP SGD 2YR – New SGD 2Yr transaction announced at 7% (the number) on the back of significant anchor investor interest. – Use of proceeds of the this transaction is to… Continue reading

SGD NEW ISSUE REVIEW : OUE 5Y 4%

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ISSUER:    OUE Limited STATUS:  Direct, unconditional, unsubordinated and unsecured Notes, off Issuer’s SGD3 billion Multicurrency Debt Issuance Programme ISSUER / ISSUE RATING:      Unrated ISSUE SIZE: Benchmark FORMAT:  Bearer / Reg S, Sections 274/275… Continue reading

SGD Rates Weekly : A Sibor For Your Thoughts

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1M LIBOR   0.17975% 3M LIBOR   0.27375% 6M LIBOR   0.40115% 2/4/15 Mar Purchasing Managers Index 49.6 vs expected 49.6 Mar Electronics Sector Index 50.1 vs previous 49.8 The SGD continued to strengthen… Continue reading

Bonds In Conversation : April Fools In Easter

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A happy Easter for bond investors, seeing price rallies around the world, except for those who wouldn’t play ball, like Greece, because even Russia feels the love these days. We may not have… Continue reading

SGD NEW ISSUE REVIEW : FRASER CENTREPOINT TRUST 4Y 3%

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NEW ISSUE – FRASERS CENTREPOINT TRUST 4Y SGD Issuer:  FCT MTN Pte. Ltd. Guarantor: HSBC Institutional Trust Services (Singapore)                                   Limited (in its capacity as trustee of Frasers   Centrepoint Trust) Expected Issue Rating:      BBB+… Continue reading

SGD NEW ISSUE REVIEW : Hotel Properties Limited 5Y 3.88%

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** NEW ISSUE: HOTEL PROPERTIES LIMITED SGD 5Y-FINAL GUIDANCE 3.88%  ** ISSUER:  Hotel Properties Limited ISSUER / ISSUE RATING:  Unrated STATUS:   Direct, unconditional, unsubordinated and unsecured Notes FORMAT/DOCS: Bearer / Issuer’s SGD800 million… Continue reading

SGD NEW ISSUE REVIEW : GALLANT VENTURE 3Y LOW 7%

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Issuer:  Gallant Venture Ltd. Status:  Senior, unsecured, off USD500m EMTN Programme Rating:  Unrated Format:   Reg S, S274 & 275 of Singapore SFA Tenor: 3 Years Issue Size: TBD Initial Price Guidance:  Low 7%… Continue reading