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 Bond kaki lai, DRB HICOM bond coming

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Holocene
post May 30 2024, 03:14 PM

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QUOTE(zebras @ May 30 2024, 01:17 PM)
user posted image
anyone looking at this? trying to buy 20k with 4.25%
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In their briefing right now!

As indicated by the poster, please indicate your interest. If the Company is confident they are able to raise the amount, they will launch it.

There was feedback that the coupon rates are not attractive.

Best,
Jiansheng

This post has been edited by Holocene: May 30 2024, 03:29 PM
Holocene
post Jun 3 2024, 10:41 AM

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QUOTE(hksgmy @ Jun 1 2024, 04:32 AM)
4.5% yield in this present high interest rate environment may not seem like a lot, but if you take into account that most analysts are expecting a return to lower rates soon, then it’s quite decent.
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Bond issued at indicative coupon rate of 4.75%.

Book to close today.


Holocene
post Jun 3 2024, 10:55 AM

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QUOTE(hksgmy @ Jun 3 2024, 10:54 AM)
Are you buying any?

I usually don’t buy bonds in fractions/parts, only whole bonds, so this isn’t something that would i\be on my radar.
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Nope just sharing the information here as it was previously brought up 😃

 

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