NEW ISSUE: SINGHAIYI GROUP SGD 2.5Y
Issuer: SingHaiyi Group Ltd.
Status: Senior, unsecured
Rating: Unrated
Format: Reg S, Bearer, S274 & 275 of Singapore SFA, issued off the SGD500m Multicurrency Debt Issuance Programme
Tenor: 2.5 years
Issue Size: $100 million
Issue Date: [ ] July 2014
Maturity Date: [ ] January 2017
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, in accordance with the Programme
Redemption forTaxation Reasons:
Yes, in accordance with the Programme
Redemption at the Option of Noteholders Pursuant to Change of Shareholding Event:
At par, in accordance with the Programme Details:
SGD250k denoms / Singapore Law/ CDP / SGX-ST
New SingHaiyi SGD 2.5yrs announced, deal is well anchored
- Price : 5.25%
Comps:
TA CORP 5.25% 10/ 2016 at 100.75, 4.90%
KOH BROTHERS 4.8% 01/2018 ......