Shares & Derivatives
Perennial Real Estate Holdings Limited – 4.65% 3 years
By Mr. IPO  •  October 18, 2015
Perennial Real Estate Holdings Limited ("PREH" or "Issuer") is offering up to S$150m of 3-year bonds with an interest rate of 4.65%. The OIS and product highlight sheet can be found here. You should read at least the product highlight sheet ("PHS"). The key terms are as follows: Amount:  Up to S$150m Interest rate: 4.65% fixed Interest Payment date:  Twice a year on 23 April and 23 October Maturity date:  23 October 2018 Manager:  DBS Bank Ratings:  Not rated CPF application: Not allowed SRS application: Not allowed for initial application but may purchase post listing Minimum application: S$2,000 for public tranche and $100,000 for placement tranche. Timeline of Key Events   Background Information on the issuer I will not repeat what you can find in the PHS or OIS. In a nutshell, PREH is a property developer and investor with mature and developing properties in Singapore and mainly China. ......
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By Mr. IPO
Mr. IPO graduated from NTU with a Bachelor in Accountancy (Honors) and started life as a lowly auditor. The audit experience not only polished up his accounting skills but also made him very skeptical about the financial records of companies. He always read the financial reports with a huge dose of salt ...
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