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convertible bonds
Aviation & Engineering
SIA to adjust conversion prices of 1.625% convertible bonds due 2025
About $849.8 million in aggregate principal amount are outstanding as at Aug 2.
August 02, 2024
Aviation & Engineering
SIA uses $249.9 mil out of $850 mil raised in convertible bonds due 2025
The amount has been used for aircraft payments, in line with the intended use stated in its offering circular, says the airline.
April 10, 2023
REITs
Link REIT raises HK$3.3 billion via new convertible bonds
Link REIT issued HK$3.3 billion of five-year convertible bonds at 4.5% p.a. convertible at HK$61.92 per unit
November 24, 2022
Bonds and treasuries
SGX Treasury to issue 240 mil euro bonds due 2024
SGX says it intends to use the proceeds from the issue to refinance its existing debt and for general corporate purposes.
February 01, 2021
Aviation & Engineering
SIA receives regulator's approval for issuance of convertible bonds due 2025
Shares in SIA closed 17 cents lower or 3.8% down at $4.34 on Nov 30.
December 01, 2020
Aviation & Engineering
Singapore Airlines to raise $850 mil through sale of convertible bonds amid impact of Covid-19
The funds will be used for operating cash flow, to service debt and for capital expenditure.
November 12, 2020
Broker's Calls
Suntec REIT offers ‘good value’, but not enough to win this brokerage’s favour
SINGAPORE (April 26): Maybank Kim Eng Research is maintaining its “hold” call on Suntec REIT with an unchanged price target of $1.76, even as the trust registered 2.3% higher distribution per unit (DPU) at 2.425 cents this morning for the first quarte
April 26, 2017
Quote of the day
ACP's Tan Choon Wee on 'death spiral' convertibles
The underlying philosophy is this: It is all about risk management from the perspective of my investors, myself as well as the issuing companies and their shareholders… Take a one-tonne stone and throw at you, you will die. But take a tonne worth of sto
June 27, 2016