Shares & Derivatives
Frasers Property Green Notes Review (4.49% yield, 5-year duration) – Will I buy these Retail Bonds?
By Financial Horse  •  September 10, 2022
Basics: Frasers Property Green Notes Review (4.49% yield, 5-year duration) The key points for the Frasers Property Green Notes are set out below:
  • 5-year Tenor (due Sep 2027)
  • 4.49% interest per annum (payable two times a year)
  • Minimum subscription size is S$1,000
  • Issue size is $420 million (with potential upsize to $650 million)
  • Public offer size of $300 million, Private Placement of $120 million
Subscription is cash only, you cannot use CPF or SRS to subscribe. Why is the public offer size so big? Okay so the first point that jumped out at me was the size of the public offer. Why is the public offer size so big?!...
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By Financial Horse
Financial Horse was founded with a simple goal – To provide high quality financial commentary, in plain English. He is a firm believer in Einstein’s quote that “If you can’t explain it to six-year-old, you don’t understand it yourself.” Too much of finance is shrouded in complex jargon, and Financial Horse aims to demystify financial investments.
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