Hyflux: TMM makes claim for payment from Magtaa project
Arab Banking Corp. provided notice that the project company for Hyflux’s Magtaa desalination project made a claim under a contract-performance guarantee, Hyflux said Tuesday.
Read MoreBonds and credit
BofA-ML April survey: Fund managers add equity allocations as economic view turns less bearish
UPDATE: Singapore stocks to watch Wednesday: MLT, SPH, Hi-P, Keppel-KBS US REIT, Cache Logistics
Hyflux files suit against now jilted investor SM Investment
ARA Asset Management proposes S$100 million notes issue
S&P: Hyflux bond default may signal trouble ahead for Singapore bond market
Moody’s affirms Genting Singapore’s A3 rating
UOB prices US$600 million subordinated notes due 2029
City Developments obtains S$500 million green loans for new property developments
UPDATE: Singapore stocks to watch Friday: Hyflux, Frasers Property, CapitaMall Trust
These are Singapore companies which may be in focus on Friday, 5 April 2019: Hyflux, Frasers Property, CapitaLand Mall Trust and Uni-Asia.
Frasers Property proposes S$400 million perpetual security issue
Frasers Property said on Thursday it proposed issuing S$400 million fixed-rate subordinated perpetual securities at 4.98 percent.
CapitaLand Mall Trust issues US$300 million of 10-year notes
CapitaLand Mall Trust said Thursday it issued US$300 million of 10-year fixed rate notes at 3.609 percent to institutional and/or sophisticated investor(s).
iFast Capital Malaysia to sell bonds to retail investors with 1,000 ringgit minimum
Online brokerage iFast’s Malaysia subsidiary is offering investment grade bonds to retail investors, with minimum investments as low as 1,000 ringgit.
UPDATE: Singapore stocks to watch Wednesday: Keppel REIT, Singtel, DeClout, Addvalue Tech
These are Singapore companies which may be in focus on Wednesday, 3 April 2019: Keppel REIT, Singtel, DeClout and Addvalue Technologies.
Keppel REIT prices S$200 million five-year convertible bond issue at 1.90 percent
Keppel REIT said Tuesday it priced its S$200 million five-year convertible bond offering at 1.90 percent, the top end of the expected interest rate range.
Keppel REIT plans to issue up to S$250 million in convertible bonds
Keppel REIT said on Tuesday it planned to issue S$200 million of five-year convertible bonds, with the possibility of upsizing the offer to as much as S$250 million.
UPDATE: Singapore stocks to watch Tuesday: SIA Engineering, Keppel, Olam, Golden Agri
These are Singapore stocks which may be in focus on Tuesday, 2 April 2019: SIA Engineering, Keppel, Olam and Golden Agri-Resources.
Moody’s cuts ST Engineering baseline credit assessment on Newtec acquisition
Moody’s said Monday it was downgrading ST Engineering’s baseline credit assessment (BCA) to a3 from a2 after its announced acquisition of Newtec.
Olam obtains world’s first digital-score tied loan of US$350 million
Olam International said on Monday it obtained a first-of-its-kind US$350 million revolving credit facility which ties the pricing to the agri-business player’s “digital maturity score.”
Yinson plans takeover of Ezion in proposed US$916 million debt transfer
Yinson is in advanced talks to take over US$916 million of debts from troubled liftboat charterer Ezion’s lenders, the Singapore company said Sunday.
Seaspan to invest up to US$200 million in Swiber
Efforts to restructure troubled marine engineering group Swiber got a leg up after Seaspan said it would move ahead with an up to US$200 million investment.
Singapore stocks to watch Thursday: ST Engineering, SGX, Singapore Airlines
These are the Singapore companies which may be in focus on Thursday, 28 March 2019: Singapore Technologies Engineering Singapore Technologies Engineering said late on Wednesday…
Singapore stocks to watch Wednesday: ST Engineering, Metro, TEHO International
These are the Singapore companies which may be in focus on Wednesday, 27 March 2019: Singapore Technologies Engineering Singapore Technologies Engineering said late on Tuesday…
Fed’s Rosengren: Inverted yield curve is different this time
The yield curve inversion in the U.S. may have set off a fresh round of market jitters, but Eric Rosengren, president of the U.S. Federal Reserve Bank of Boston, said on Tuesday that it’s no longer a reliable recession signal.
UPDATE: Evans and Yellen agree, inverted yield curve is a damp squib
The inversion of the U.S. yield curve may have convinced many market participants that the sky is falling, or at least, a recession is looming, but at least two central bankers are unimpressed.