Shares & Derivatives
CapitaMalls Asia Public Offering of 10 Year Retail Bonds at 3.8% pa
By Making Passive Income  •  January 5, 2012
The CapitaMalls Asia has kicked off a public offering of 10 year retail bonds at 3.8% per annum and that has sparked interest in a lot of readers and discussion groups. So for the benefit of those who are considering where or not to invest, I hope this post can help you understand it better. The Public Offer CMA is one of the largest shopping mall developer and owner of multiple retail REITs with 97 shopping malls in Singapore, Malaysia, India, China and Japan and a market cap of over $4billion. Issue Size: of $200 million with oversubscription option of an additional $200 million Issue Price: Par Value (Means for a $1000 principal bond, you pay $1000) Minimum Subscription Size: $2000 Tenure: 10 Years Callable In Parts or Whole after 5 years Interest: Year 1-5: 3.8% Year 6-10: 4.5% payable semi annually Is the Interest Rate a ......
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By Making Passive Income
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