Hotel Properties, Singapore’s second-biggest hotel owner by market value, hired Standard Chartered Plc to help it sell $20 million of three-year, 3.35% bonds, according to data compiled by Bloomberg.
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Posts Tagged ‘bonds’
Glencore sells bonds to BlackRock, GIC, First Reserve
December 23rd, 2009 |
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Glencore International AG, the biggest commodity trader, sold as much as US$2.2 billion ($3.1 billion) of convertible bonds to investors including BlackRock Inc. in what may be the first step toward an initial public offering.
The bonds, which are due December 2014, are convertible into Glencore shares upon an IPO or “other pre-determined qualifying events,” the Baar, Switzerland-based trader said today in an e-mailed statement.
euNetworks plans convertible bonds rights issue to raise net proceeds of up to $90m
December 22nd, 2009 |
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euNetworks Group, the operator of all-optical computer networks linking Germany, The Netherlands, UK, France and Belgium, is proposing to undertake a renounceable partially underwritten rights issue of up to $95.8 million worth of zero-coupon convertible bonds due 2013 in the denomination of $1 each, on the basis of one convertible bond for every 100 shares held by shareholders.
The proposed issue price of each convertible bond is 97% of the principal amount of the convertible bonds or 97 cents for each convertible bond.
Based on the minimum issue size, the gross proceeds from the rights issue will be $83.9 million. Based on the maximum issue size, the gross proceeds from the rights issue will be $92.9 million.
First Ship cancels US$200m bonds, blaming Dubai
December 7th, 2009 |
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First Ship Lease Trust, the marine- leasing company, scrapped a plan to sell US$200 million ($278 million) in bonds after a request by Dubai World for a so-called debt standstill roiled credit markets.
“The start of the investor road show coincided with the outbreak of the Dubai World credit crisis,” First Ship said in a statement to the Singapore stock exchange today. “This impacted investor sentiment, particularly in Asia and Europe.”
Temasek sells long-dated SGD bonds
December 7th, 2009 |
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Temasek Holdings Pte., the Singapore government-owned investment company, completed a sale of local-currency bonds maturing in 2029 and 2039 that were intended to set a price benchmark for long-dated notes.
The $300 million each of 20- and 30-year notes, which pay a coupon of 4% and 4.2% respectively, are part of Temasek’s US$5 billion ($6.9 billion) global medium-term note programme and mark the fourth and fifth issues in the series, the company said in an e-mailed statement today.
First Ship said to meet investors to market $277m bonds
November 25th, 2009 |
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First Ship Lease Trust, the marine- leasing company, plans to meet investors in Singapore, Hong Kong and the U.K. this week to gauge interest in a US$200 million ($277 million) bond sale, according to a person familiar with the matter.
The Singapore-based company hired JPMorgan Chase & Co. and Jefferies & Co. to help arrange the meetings, which will continue in the U.S. next week, said the person, without wanting to be named as talks are private.
Temasek prices $600m of bonds for funding
November 24th, 2009 |
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Temasek Holdings, Singapore’s government-owned investment company, priced $600 million of bonds that will raise money for general use.
Temasek’s US$300 million ($416 million) in 4% guaranteed notes due 2029 were priced to yield 62.25 basis points more than Singapore dollar swaps and the same amount of 4.2% guaranteed notes maturing in 2039 were priced at a 74.75 basis point spread, the company said in an e-mailed statement today. A basis point is 0.01 percentage point.
Are Foreign Purchases of U.S. Treasury Bonds Being Faked?
September 14th, 2009 |
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Everyone knows that the American government is gaming the market for treasury bonds to some extent.For example, the government has itself bought some U.S. Treasuries.Some writers, such as Rob Kirby and Ellen Brown, go much further, alleging that Bern…
PSA sells US$500m of 10-year bonds
September 4th, 2009 |
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PSA International, the ports operator owned by Singapore’s Temasek Holdings, raised US$500 million ($720 million) by selling 10-year bonds denominated in U.S. dollars, according to data compiled by Bloomberg.
The 4.625% bonds were priced to yield 140 basis points more than similar-maturity US government debt, the data show. A basis point is 0.01 percentage point.