Shares & Derivatives
Singapore Corporate Bond New Issue Review: Cambridge-MTN Pte Ltd 4YR 3.5%
By Doctor Wealth  •  October 31, 2014
feature ISSUER: Cambridge-MTN Pte.Ltd. GUARANTOR: RBC Investor Services Trust Singapore Limited (in its capacity as trustee of Cambridge Industrial Trust) STATUS: Direct, unconditional, unsubordinated & unsecured Notes ISSUE RATING: Unrated CORPORATE CREDIT RATING: BBB- / Stable (S&P) FORMAT/DOCS: Bearer / Issuer’s SGD 500 million Multicurrency Medium Term Note Programme dated 2 February 2012, supplemented by the Supplemental IM dated 1 March 2012 (collectively the “Programme”) TENOR: 4-Years ISSUE SIZE: SGD 100MM PRICE: 3.5% USE OF PROCEEDS: In accordance with the Programme INTEREST PAYMENT: Semi-annual, actual/365 (fixed) DETAILS: SGD250K/ Singapore Law/ CDP LISTING: SGX-ST SELLING RESTRICTIONS: As per Programme, S274 and/or 275 of the Singapore SFA – Transaction is strongly anchored by institutional investors post roadshow COMPS: AIMS AMP REIT 4.9% 08/2016 current indicative yield 2.86% AIMS AMP REIT 3.8% 05/2019 current indicative yield 3.80% Ascendas REIT 2.5% 05/2019 current indicative yield 2.63% Cambridge ......
Read the full article
By Doctor Wealth
LEAVE A COMMENT
LEAVE A COMMENT
Read More Articles
More from thefinance