SUNSP 3.400% 10May2023 Corp (SGD)

Bond Factsheet

Matured/ Called

Suntec REIT

Indicative

Full Lot

Bid Price

100.019

Change in Bid Price

Bid Yield (%)

Change in Bid Yield

Ask Price

100.073

Change in Ask Price

Ask Yield (%)

Change in Ask Yield

Indicative price as of 12 May 2023, 12:00am

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Bond Information

Suntec Real Estate Investment Trust is a commercial real estate investment trust. The Trust invests in income-producing real estate that is primarily used for retail and/or office purposes.

Bond Issuer

Suntec REIT

Guarantor

Suntec Real Estate Investment Trust

Announcement Date

03 May 2018

Issue Date

10 May 2018

Maturity Date

10 May 2023

Years to Maturity / Next Call

- / -

Modified Duration

Issue / Reoffer Price

100.000

Issue / Reoffer Yield

3.400

Coupon Type

Fixed

Annual Coupon Rate

3.400

Coupon Frequency

Semi Annually

Seniority

Senior Unsecured

Reference Rate

ISIN

SG7PE3000000

CUSIP

AS4934160

Bond Currency

SGD

Total Issue Size

180,000,000

Min. Investment Quantity (Nominal)

SGD 250,000

Incremental Quantity (Nominal)

SGD 250,000

Bond Type

Corporate

Bond Sector

Financials

Bond Sub Sector

Real Estate Investment Trusts

Issuer Credit Rating (S&P/ Fitch)

***/ N.R

Bond Credit Rating (S&P/ Fitch)

***/ N.R

Shariah Compliant

Exchange Listed

SGX

Bond Feature(s)

Issuer Call

Mandatory Redemption upon Termination of Suntec REIT

In the event that Suntec REIT is terminated in accordance with the provisions of the Suntec REIT Trust Deed, the Issuer shall redeem all (and not some only) of the Notes at their Early Redemption Amount together with interest accrued to (but excluding) the date fixed for redemption on any date on which interest is due to be paid on such Notes or if earlier, the date of termination of Suntec REIT. The Issuer shall forthwith notify the Noteholders pursuant to Condition 14 (Notices), the Trustee and the Agents of the termination of Suntec REIT.

Cessation Put

In the event the Units (i) cease to be listed or admitted to trading on the SGX-ST or, if applicable, the Alternative Stock Exchange (a Delisting) or (ii) are suspended from trading on the SGX-ST or, if applicable, the Alternative Stock Exchange for a period of more than 45 consecutive Trading Days (a Suspension), the holder of each Note shall have the right (the Delisting/Suspension of Trading Put Right), at such Noteholder's option, to require the Issuer to redeem in whole but not in part such Noteholder's Notes at its Early Redemption Amount (together with interest accrued to (but excluding) the Delisting/Suspension of Trading Put Date (as defined below)).

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