SBREIT 4.645% Perpetual Corp (SGD)

Bond Factsheet

Matured/ Called

Soilbuild Business Space REIT

Indicative

Full Lot

Bid Price

99.850

Change in Bid Price

Bid Yield (%)

Change in Bid Yield

Ask Price

100.050

Change in Ask Price

Ask Yield (%)

Change in Ask Yield

Indicative price as of 27 Sep 2024, 12:00am

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Bond Information

Soilbuild Business Space REIT is a real estate investment trust. The Trust makes investmets in a portfolio of income-producing real estate used primarily for business space purposes in Singapore as well as real estate-related assets.

Bond Issuer

Soilbuild Business Space REIT

Guarantor

Announcement Date

20 Sep 2018

Issue Date

27 Sep 2018

Maturity Date

Perpetual

Years to Maturity / Next Call

Perpetual / 0.477

Modified Duration

Issue / Reoffer Price

100.000

Issue / Reoffer Yield

6.000

Coupon Type

Variable

Annual Coupon Rate

4.645

Coupon Frequency

Semi Annually

Seniority

Subordinated

Reference Rate

Reset Date: 27 Sep 2021 and every 3 years thereafter
Reset Rate: Prevailing 3Y SOR + Initial Spread (3.790%)

ISIN

SGXF62469840

CUSIP

AU6152840

Bond Currency

SGD

Total Issue Size

65,000,000

Min. Investment Quantity (Nominal)

SGD 250,000

Incremental Quantity (Nominal)

SGD 250,000

Bond Type

High Yield 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

Callable on 27 Sep 2021 and every 6 months thereafter at 100.

Cessation Put

If so provided hereon, in the event that (i) the units in Soilbuild REIT cease to be traded on the SGX-ST or (ii) trading in the units in Soilbuild REIT on the SGX-ST is suspended for a continuous period of more than seven market days (each, a "Cessation or Suspension Event"), the Perpetual Securities may be redeemed at the option of the Issuer in whole, but not in part, on any Distribution Payment Date or, if earlier, the date falling 45 days after the Effective Date, at their Redemption Amount (together with distribution (including Arrears of Distribution and any Additional Distribution Amount) accrued to the date fixed for redemption). The Issuer shall within seven days after the Effective Date, give notice to the Trustee, the Principal Paying Agent and the Perpetual Securityholders of the occurrence of the event specified in this Condition 5(i).

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