Hyflux : Perpetual Capital Securities

[lifeafter41]

Saw on Hyflux announcement on issuing perpetual capital securities in SGX.
Not sure if it is for retail or institutional.

Ah Run, what do you think?.
If retail, can buy?.

My thoughts is if at par, can buy some for yields at 5.75 though.

Issuer/ Manager HYFLUX LTD
Securities HYFLUX LTD - SG1J47889782 - 600

Stapled Security No

Announcement Details

Announcement Title General Announcement
Date & Time of Broadcast 29-Jul-2014 18:45:57
Status New
Announcement Sub Title ISSUANCE OF S$175,000,000 IN AGGREGATE PRINCIPAL AMOUNT OF 4.8% PERPETUAL CAPITAL SECURITIES
Announcement Reference SG140729OTHRKDPJ
Submitted By (Co./ Ind. Name) Lim Poh Fong
Designation Company Secretary
Effective Date and Time of the event 30/07/2014 09:00:00
Description (Please provide a detailed description of the event in the box below) Please see file attached.


Issuer/ Manager HYFLUX LTD
Securities HYFLUX LTD - SG1J47889782 - 600


Announcement Details

Announcement Title General Announcement
Date & Time of Broadcast 18-Jul-2014 18:13:38
Status New
Announcement Sub Title S$300,000,000 5.75% PERPETUAL CAPITAL SECURITIES
Announcement Reference SG140718OTHRI27Z
Submitted By (Co./ Ind. Name) Lim Poh Fong
Designation Company Secretary
Description (Please provide a detailed description of the event in the box below) Please see file attached

 

[Runifyouhaveto]

Good brother,

They are all in the secondary market:
Hyflux 5.75% is trading at 102+, excluding accrued interests
Hyflux 4.8% is trading at appx 100, excluding accrued interests

Hyflux 6% is in the SGX primary market, appx 107, including accrued interests

Overall, you are getting about net yield of appx 4.5-4.8% for all of the above mentioned after deducting for the price premiums and/or commissions



Note: all of the above mentioned are of different maturities. All three were also briefly-mentioned in a bond thread in SBF, earlier.

 

[lifeafter41]

Good brother,

They are all in the secondary market:
Hyflux 5.75% is trading at 102+, excluding accrued interests
Hyflux 4.8% is trading at appx 100, excluding accrued interests

Hyflux 6% is in the SGX primary market, appx 107, including accrued interests

Overall, you are getting about net yield of appx 4.5-4.8% for all of the above mentioned after deducting for the price premiums and/or commissions



Note: all of the above mentioned are of different maturities. All three were also briefly-mentioned in a bond thread in SBF, earlier.

Ah Run, thanks for the information. No access to secondary market kan tao.
Anyway, at 250k a lot, can't afford.

4.5% to 4.8% still decent in my opinion.
Better than most, if not, all FD. (Sing dollar)