Shares & Derivatives
Singapore Corporate Bond New Issue Jurong Shipyard 7 Years 2.95% and 15 Years 3.85%
By Doctor Wealth  •  September 5, 2014
Issuer: Jurong Shipyard Pte Ltd Guarantor: Sembcorp Marine Ltd Status: Direct, unconditional, unsubordinated and unsecured Notes Rating: Unrated Format: Reg S, S274 & 275 of Singapore SFA, issued off the SGD2 billion Multicurrency Multi-Issuer Debt Issuance Programme Tenure: 7 Years & 15 Years Issue Size: Benchmark Initial Pricing Guidance: 7 Years: Low 3% & 15 Years: 4% area Payment: Semi-annual, actual/365 (fixed) Redemption for Taxation Reasons: Yes, in accordance with the Programme Details: SGD250K/MTN Programme/Singapore Law/CDP Listing: SGX-ST jurongyard - New SGD 7 and 15 yrs announced for Jurong Shipyard Pte Ltd, guaranteed by Sembcorp Marine Ltd. Deal is strongly anchored. - Initial price guidance: 7 years at low 3% & 15 Years at 4% area - Issue size: Benchmark - Timing: This week’s business, as early as today Comps: Sembcorp Financial Services 3.7325% 04/2020 105.65, 2.64% Sembcorp Financial Services 3.64% 05/2024 102.00, 3.40% Sembcorp ......
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By Doctor Wealth
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