New Tiong Seng SGD 3.5yrs announced, deal is anchored
Initial price guidance: Low 5%
Issuer: Tiong Seng Holdings Limited Status: Senior, unsecured Rating: Unrated Format: Reg S, Bearer, S274 & 275 of Singapore SFA, issued off the SGD250m Multicurrency MTN Programme Tenor: 3.5 years Issue Size: TBD Issue Date: [ ] July 2014 Maturity Date: [ ] January 2018 Payment: Semi-annual, Actual/365 (fixed)
Redemption at the Option of Noteholders upon Cessation or Suspension of Trading of the Issuer’s Shares: At par, if (i) the shares of the Issuer cease to be traded on the SGX-ST, or (ii) trading in the shares of the Issuer on the SGX-ST is suspended for a continuous period of more than seven days Redemption for Taxation Reasons: Yes, in accordance with the Programme Redemption at the Option of Noteholders Pursuant to Change of Shareholding Event: At par, if Tiong Seng Shareholdings Pte. Ltd....
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