Bondsupermart

2022-05-20 15:02:07 Coming out of the pandemic stronger than before, Straits Trading saw its net profit after tax jump a staggering 355%: https://bit.ly/3adebQ9 Open / Comment

2022-05-20 04:33:21 Get your burning questions about Astrea 7 answered!

Curious why Class B bonds are available for retail investors? Concerned about rising rates and geopolitical tensions? We asked Mr Chue En Yaw, Chief Investment Officer at Azalea Investment Management, all of these on your behalf.

Tune in on Apple Podcast, Google Podcast and Spotify! Open / Comment

2022-05-19 15:00:52 Credit Suisse Group was downgraded to BBB from BBB+ earlier this week. On the flip side, its US rival Morgan Stanley got upgraded from BBB+ to A- just two days ago. Here’s a table of how are some of the bulge bracket investment banks are rated for comparison.

The bank’s perpetual SGD issue was one of the top traded bonds on our Bond Express in March: https://bit.ly/3DIi9uO Open / Comment

2022-05-19 05:46:34 New Bond Issue:
SOAR WISE LIMITED – USD 3YR
Issuer: Soar Wise Ltd
Guarantor: AVIC International Leasing Co Ltd
Initial Price Guidance: T+175area (Est 4.588%) Open / Comment

2022-05-18 15:01:11 Wing Tai Holdings started the year with over SGD700m of cash and cash equivalents that could sufficiently cover its total borrowings of SGD 575m: https://bit.ly/3lmse8k Open / Comment

2022-05-18 14:40:48 Astrea 7: Azalea’s latest IG-rated PE bonds have been announced.

Here’s our latest update on the finalised yields.
Class A1: SGD 4.125%
Class A2: USD 5.35%
Class B: USD 6%

Read about the key features, mandatory call dates and one-time coupon step-up of 1%: https://bit.ly/3LnUG4m Open / Comment

2022-05-18 09:46:21 Your cheat sheet for the highly anticipated Astrea bonds – pricing, credit highlights and investment risks: https://bit.ly/3LnUG4m

P/S: Class B bonds are available to retail investors for the first time! Open / Comment

2022-05-18 06:18:31 New Bond Issue:
WING TAI – SGD 5YR
Issuer: Wing Tai Holdings Limited
Initial Price Guidance: 4.45% area Open / Comment

2022-05-18 05:27:38 New Bond Issues:
Issuer: Astrea 7

** Class A-1 Bonds - SGD 10MC5 | 526mil | Available for Retail
Initial Price Guidance: 4.375% area

** Class A-2 Bonds - USD 10MC5 |175mil
IPG: 5.625% area

** Class B Bonds – USD 10MC6 | 200mil | Available for Retail
IPG: 6.375% area

More about Astrea:
Astrea Bonds: Private Equity Bonds Accessible To Everyone. Spotify, iTunes Podcasts, Google Podcasts Open / Comment

2022-05-17 15:00:43 Rumour has it that Sunac might prioritise onshore bond repayments. Here is an update on the developer’s recent default: https://bit.ly/3wwuord Open / Comment