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Financial questions regarding Hyflux debts? (Guest Post)
By InvestingNote  •  April 4, 2019
Just a few days ago, the headlines for the recent Hyflux Saga read: “Taxpayers’ money cannot be used to help investors recoup their losses, says minister,”.

There was also a protest by disgruntled Hyflux investors at Hong Lim Park over the weekend.

Credits: Straits Times Credits: Straits Times

I chanced upon the article on Hyflux story so far in BT Weekend, 23-24 March 2019. Given that it had listed the debts raised in the past years, I decided to compile them into a timeline in hope to have a better picture of Hyflux’s current predicament. What really puzzled me was the perpetual raised in 2016. It was stated that the perpetual of $500m was raised to redeem the two tranches of perpetuals raised for institutional and accredited investors. The first was $300m perpetual @5.75% raised in January 2014 and the second was $175m perpetual @4.8% raised in July 2014.

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By InvestingNote
InvestingNote is Singapore’s first & largest community-driven platform where investors and traders from all levels connect and share ideas with one another.
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