Singapore Technologies Telemedia Pte Ltd
Indicative
Full Lot
Indicative price as of 02 Oct 2026, 4:33pm
Ask Yield to Worst
Bid Yield to Worst
Ask Yield to Maturity
Bid Yield to Maturity
Bond Issuer
Singapore Technologies Telemedia Pte Ltd
Guarantor
-
Announcement Date
25 Jun 2020
Issue Date
02 Jul 2020
Maturity Date
Perpetual
Years to Maturity / Next Call
Perpetual / 0.046
Modified Duration
0.042 @ 02 Oct 2026
Issue / Reoffer Price
100.000
Issue / Reoffer Yield
4.100
Coupon Type
Variable
Annual Coupon Rate
4.100
Coupon Frequency
Semi Annually
Seniority
Subordinated
Reference Rate
Reset Date: 02 Jul 2027 and every 7 years thereafter
Reset Rate: Prevailing SGD 7Y SOR + Initial Spread (3.355%) + applicable Step up (100bps)
ISIN
SGXF43872450
CUSIP
BK2480626
Bond Currency
SGD
Total Issue Size
375,000,000
Min. Investment Quantity (Nominal)
SGD 250,000
Incremental Quantity (Nominal)
SGD 250,000
Bond Type
High Yield Corporate
Bond Sector
Financials
Bond Sub Sector
Diversified Financial Services
Issuer Credit Rating (S&P/ Fitch)
***/ N.R
Bond Credit Rating (S&P/ Fitch)
***/ N.R
Shariah Compliant
No
Exchange Listed
SGX
If Cumulative Deferral is set out hereon, any distribution deferred pursuant to this Condition 4(IV) shall constitute "Arrears of Distribution". The Issuer may, at its sole discretion, elect to (in the circumstances set out in Condition 4(IV)(a)) further defer any Arrears of Distribution by complying with the foregoing notice requirement applicable to any deferral of an accrued distribution. The Issuer is not subject to any limit as to the number of times distributions and Arrears of Distribution can or shall be deferred pursuant to this Condition 4(IV) except that this Condition 4(IV)(c) shall be complied with until all outstanding Arrears of Distribution have been paid in full.
Dividend Stopper
If Dividend Stopper is set out hereon and on any Distribution Payment Date, payments of all distribution scheduled to be made on such date are not made in full by reason of this Condition 4(IV), the Issuer shall not:
(i) declare or pay any dividends, distributions or make any other payment on, and will procure that no dividend, distribution or other payment is made on:
(1) any of the Issuer's Junior Obligations; or
(2) if this Perpetual Security is a Senior Perpetual Security, (except on a pro rata basis) the Issuer's Senior Parity Obligations; or
(3) if this Perpetual Security is a Subordinated Perpetual Security, (except on a pro rata basis) any of the Issuer's Parity Obligations; or
(ii) redeem, reduce, cancel, buy-back or acquire for any consideration, and will procure that no redemption, reduction, cancellation, buy-back or acquisition for any consideration is made in respect of, any of:
(1) the Issuer's Junior Obligations; or
(2) if this Perpetual Security is a Senior Perpetual Security, (except on a pro rata basis) the Issuer's Senior Parity Obligations; or
(3) if this Perpetual Security is a Subordinated Perpetual Security, (except on a pro rata basis) any of the Issuer's Parity Obligations
Dividend Pusher
12 month look back period
The Issuer may, on giving not less than 30 days' nor more than 60 days' prior notice to the Perpetual Securityholders, redeem in whole, but not in part, the Perpetual Securities on [TBD] 2027 or any Distribution Payment Date thereafter.
The Issuer shall redeem all (and not some only) of the Perpetual Securities then outstanding on 22 October 2026 (the “Make-Whole Redemption Date”) at a price of S$253,592.48 per Calculation Amount (being 101.436992 per cent. of the principal amount) of the Perpetual Securities (the “Make-Whole Redemption Price”), together with distribution accrued from (and including) the last preceding Distribution Payment Date to (but excluding) the Make-Whole Redemption Date.”;
Cash Flow Information
