Shares & Derivatives
Singapore Corporate Bond New Issue Review: Aspial 4Y 5.625%
By Doctor Wealth  •  November 19, 2014
Aspial is paying up! 2012 Jul Aspial 3 year 5.2% SGD 85 mio Sep Aspial 2 year 4.65% SGD 65 mio (matured) * coupons revised higher due to covenant breach last year 2013 Jul Aspial 3 year 5% SGD 100 mio 2014 Jan Aspial 3 year 4.5% SGD 80 mio Jun Aspial 5 year 5.05% SGD 130 mio Today… Aspial 4 year 5.625%!! New Issue Aspial Corporation Limited SGD 4Yr Issue Issuer: Aspial Corporation Limited Status: Direct, unconditional, unsubordinated and unsecured notes Rating: Unrated Format: Reg S, S274 & 275 of Singapore SFA Tenure: 4 Years Initial Price Guidance: 5.625%a Issue Size: TBD Payment: Semi-annual, actual/365 (fixed) Redemption at Option of Noteholders Pursuant to Change of Shareholding Event: In accordance with the Programme Redemption at Option of Noteholders upon Cessation or Suspension of Trading of Shares: In accordance with the Programme Redemption for Taxation ......
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By Doctor Wealth
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