Singapore Corporate Bond New Issue Review: Swiber Holdings 3Y SUKUK
By Doctor Wealth  •  October 21, 2014

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Issuer: Swiber Capital Pte. Ltd.
Obligor: Swiber Holdings Limited
Wakeel: Swiber Holdings Limited
Series: 002S
Status: Unsubordinated, Unsecured Trust Certificates
Rating: Unrated
Format: Reg S, S274 & 275 of Singapore SFA issued off the USD500mn Multicurrency Islamic Trust Certificates Issuance Programme
Tenor: 3 Years
Issue Size: SGD 50 million
Issue Price: 100.00
Issue Date: 30 Oct 2014
Maturity Date: 30 Oct 2017
Periodic Distribution Rate: 6.25% p.a.
Payment: Semi-annual, actual/365 (fixed)
Use of proceeds: In accordance with Programme, mainly for refinancing existing borrowings and remaining for financing working capital and general corporate purposes of Swiber Holdings Limited and its subsidiaries
Details: SGD250K/Multicurrency Islamic Trust Certificates Programme/Singapore Law/CDP
Listing: SGX-ST
Series Shariah Adviser: RHB Islamic Bank Berhad
Timing: This week’s business, as early as today

*** SWIBER HOLDINGS LTD 3Y SGD SUKUK – UPDATE 1 ***
– New Swiber SGD 3Y announced
– Deal is anchored
– Initial ...

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By Doctor Wealth
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