Notes

LMIRT prices US$200 mil guaranteed senior notes with 7.5% coupon due 2026 - THE EDGE SINGAPORE

REITs

LMIRT prices US$200 mil guaranteed senior notes with 7.5% coupon due 2026

The final order book of the offering was 5.5 times over-subscribed and stood at US$1.1 billion from 109 investor accounts.
StarHub prices $200 mil of notes with 2.48% p.a. coupon due 2031 - THE EDGE SINGAPORE

Company in the news

StarHub prices $200 mil of notes with 2.48% p.a. coupon due 2031

The notes are expected to be issued on Jan 8, 2021, and mature on Jan 8, 2031.
UOB Sydney branch prices A$500 mil notes due Oct 2023 - THE EDGE SINGAPORE

Zest

UOB Sydney branch prices A$500 mil notes due Oct 2023

The notes are expected to be rated AA- by Standard & Poor’s.

Commodities

Noteholders snub Geo Energy's bid as coal miner tries to prove higher reserves

Ratings agencies did not look too kindly at Geo Energy’s consent solicitation and warn noteholders that by rejecting this offer, they run the risk of facing “more onerous terms” in a few months’ time.

Rickmers Maritime defaults on interest payment for $100 mil note due Nov 15; suspends trading

SINGAPORE (Nov 15): Rickmers Maritime's trustee-manager announced that it will default on the interest payment of its $100 million note due Nov 15 and will suspend trading of its shares immediately.

Perisai Capital served with winding-up application from noteholder

SINGAPORE (Oct 27): Perisai Capital, a subsidiary of beleaguered Malaysia-listed oil & gas outfit Perisai Petroleum Teknologi Bhd, announced that it has been served with a winding-up petition as the guarantor of the $700 million notes by Ravi Murarkar, ho

Singapore junk bonds slump as Swissco seeks restructuring

SINGAPORE (Oct 4): Singapore's junk-bond market is suffering its worst rout in at least four years as debt restructurings spread among shipping and oil-and-gas service companies.

Valuemax issues notes; Hyflux upsizes perps

SINGAPORE (May 27): Pawnbrokers Valuemax Group is issuing $50 million worth of fixed notes due 2018 at 5.5%.
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