Shares & Derivatives
CapitaMalls Asia Bonds On Offer
By Living Healthy, Staying Wealthy  •  January 4, 2012
CapitaMalls Asia is offering up to S$400 million of 10-year callable step-up bonds. DBS is the sole bookrunner and lead manager. The issue has an initial offering of S$100 million for retail investors and S$100 million under a placement for institutional investors. Another S$200 million may be issued in event of excess demand. The bonds are callable at par by the issuer after 5 years, i.e. 2017 through 2021 yearly on Jan 12. They will bear a 3.8 per cent coupon for the first five years of their tenor and 4.5 per cent thereafter. It looks like this is going to be another hot issue. 3.8 per cent is nothing to shout for, but it is better than zero point zero, something per cent. After 5 years if the interest rate environment is still low, they will call the bonds, however, if rates have increased, they ......
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By Living Healthy, Staying Wealthy
Aaron Lau is a Independent Financial Adviser licensed by the Monetary Authority of Singapore to provide financial advice to individuals in Singapore. The main reason he is in the Financial Advisory industry is to share what he has learned after studying and comparing the various insurance and investment instruments in the market. He strongly feels that proper, quality financial planning is important to all individuals and sincerely would like to reach out to help as many as possible.
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One response to “CapitaMalls Asia Bonds On Offer”

  1. Al Maz says:

    what’s the cusip/isin? we can follow it on http://www.BondsOdds.com and get color from other investors about credit, risk and buy appetite.

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