Thursday, April 21, 2016

Perennial Real Estate Holdings Retail Bonds 2nd tranche 4 yrs at 4.55% pa

Perennial Real Estate Holdings is right after Aspial to offer yet another tranche of retail bonds for the retail investors.
The firm is offering four-year bonds of up to $200 million - due in 2020 - with a coupon rate of 4.55 per cent. They might increase it to $300 million if the public offer is oversubscribed.
For IPO subscription, you can ballot for it with a minimum of S$2000 at the 3 participating bank's ATMs.

Application for the Perennial offer closes at noon on April 27. The bonds are expected to be issued on April 29, and be traded on the mainboard of the Singapore Exchange on May 3.
DBS Bank and United Overseas Bank are the joint lead managers and bookrunners for the offer.

So will you be balloting for it?

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