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Treasury
Mapletree Logistics Trust Prices 500 Million Yuan Bond Issue
Mapletree Logistics Trust (SGX:M44U) priced its inaugural offshore bond issue of 500 million yuan, marking its debut in the market.The three-year bond carries a 2.1% annual coupon, according to a Tuesday filing.Net proceeds will be used for general corporate purposes, including refinancing existing borrowings.
SGX:M44U
Treasury
Marui Group Files for Singapore Listing of 50 Billion Yen Bonds
Marui Group (TYO:8252) filed for the listing of 50 billion yen zero coupon convertible bonds due 2031 on the Singapore bourse, according to a filing with the Singapore Exchange on Wednesday.The bonds will be listed and quoted on the Bonds Market on Sept. 10, the filing said.
^STITYO:8252
Treasury
Market Chatter: Malayan Banking Raises $700 Million Through Dollar Bonds
Malayan Banking (KLSE:MAYBANK) has raised around $700 million through a two-part sale of US dollar bonds, Reuters reported on Tuesday, quoting an updated term sheet.The Malaysian lender's offering includes $300 million of three-year floating-rate notes priced at 60 basis points above the Secured Overnight Financing Rate (SOFR). It also offered $400 million of five-year fixed-rate notes, priced at 55 basis points above the yield on the five-year US Treasury note, at a coupon of 5.088%, the report said.The three-year notes are scheduled to mature around Sept. 15, 2029, while the five-year notes will reach maturity around Sept. 15, 2031, according to the report.Malayan Banking did not immediately respond to' request for a comment.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
KLSE:MAYBANK