Singapore Corporate Bond New Issue Review: Cordlife Group Limited 3Y 4.9%
By Doctor Wealth  •  October 20, 2014

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Issuer: Cordlife Group Limited
Series: 001
Issue Rating: Unrated
Status: Direct, unconditional, unsubordinated and unsecured Notes Issue
Size: S$120M
Distribution: As per Information Memorandum, Singapore selling restrictions Under Section 274/275 of SFA
Format/Docs: Reg S Bearer / Issuer’s SGD 500 million Multicurrency Debt Issuance Programme
Price: 4.90%
Tenor: 3-Year
Issue Date: [●] October 2014
Maturity Date: [●] October 2017
Denomination: SGD250K
Governing Law: Singapore Law
Listing: SGX-ST
Clearing: CDP
Selling Restrictions: Sections 274 and/or 275 of the Singapore SFA

Hmmm… this is one of the names in my list yesterday at their 52 week lows.

Market Cap : SGD 272 mio.

Size of MTN programme : SGD 500 mio!

Revenues healthy and of all the 6 analysts covering the stock, 4 Buys/Overweight/Outperform and 2 Holds.

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Lowly geared company although they just recently acquired a US 25 mio convertible note that pays 7% in China Cord Blood Bank and are ...

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By Doctor Wealth
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