ARTSP 3.630% 20Apr2027 Corp (SGD)

Bond Factsheet

Ascott REIT MTN Pte Ltd

Indicative

Full Lot

Bid Price

100.708

Change in Bid Price

remove 0.002

Bid Yield (%)

2.321 %

Change in Bid Yield

remove 0.002

Ask Price

100.892

Change in Ask Price

remove 0.001

Ask Yield (%)

1.984 %

Change in Ask Yield

remove 0.006

Indicative price as of 30 Sep 2026, 4:04pm

chevron_leftchevron_right

Bond Information

Ascott REIT MTN Pte. Ltd. operates as a special purpose entity. The Company was formed for the purpose of issuing debt securities to repay existing credit facilities, refinance indebtedness, and for acquisition purposes.

Bond Issuer

Ascott REIT MTN Pte Ltd

Guarantor

Ascott Residence Trust

Announcement Date

12 Apr 2022

Issue Date

20 Apr 2022

Maturity Date

20 Apr 2027

Years to Maturity / Next Call

0.549 / -

Modified Duration

0.534 @ 30 Sep 2026

Issue / Reoffer Price

100.000

Issue / Reoffer Yield

3.630

Coupon Type

Fixed

Annual Coupon Rate

3.630

Coupon Frequency

Semi Annually

Seniority

Senior Unsecured

Reference Rate

ISIN

SGXF16539490

CUSIP

BV8949547

Bond Currency

SGD

Total Issue Size

200,000,000

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)

***/ BBB

Shariah Compliant

Exchange Listed

SGX

Bond Feature(s)

Issuer Call

In the event that Ascott REIT is or is to be terminated in accordance with the provisions of the Ascott REIT Trust Deed (as defined in the Trust Deed), the relevant Issuer shall redeem all (and not some only) of the Notes at their Redemption Amount together with interest accrued to 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 Ascott REIT.

Cessation Put

In the event that (1) (A) (for so long as the Ascott REIT Units and the Ascott BT Units are Stapled) the Stapled Units or (B) (in the case where the Ascott REIT Units and the Ascott BT Units are not Stapled) the Ascott REIT Units cease to be listed and/or traded on the Singapore Exchange Securities Trading Limited (“SGX-ST”) or (2) trading in the Stapled Units or, as the case may be, the Ascott REIT Units on the SGX-ST is suspended for a continuous period exceeding 10 consecutive market days, the relevant Issuer shall, at the option of the holder of any Note, redeem such Note at its Redemption Amount, together with interest accrued to (but excluding) the date fixed for redemption on the date (or, if such date is not a business day, on the immediately preceding business day) falling 45 days after the Effective Date. To exercise such option, the holder must deposit (in the case of Bearer Notes) such Note (together with all unmatured Coupons and unexchanged Talons) with the Issuing and Paying Agent or any other Paying Agent at its specified office or (in the case of Registered Notes) the Certificate representing such Note(s) with the Registrar or the Transfer Agent at its specified office, together with a duly completed Exercise Notice in the form obtainable from the Issuing and Paying Agent, the Registrar or any other Transfer Agent (as applicable), no later than 30 days after the Effective Date. The relevant Issuer shall, within seven days after the Effective Date, notify the Trustee, the Issuing and Paying Agent and the Noteholders of the occurrence of the event specified in this Condition 6(e)(ii) (provided that any failure by the relevant Issuer to give such notice shall not prejudice any Noteholder of such option). Any Note or Certificate so deposited may not be withdrawn (except as provided in the Agency Agreement) without the prior consent of the relevant Issuer.

For the purposes of this Condition 6(e)(ii):

(aa) “Ascott REIT Units”, “Ascott BT Units”, “Stapled” and “Stapled Units” bear the same meanings as ascribed to them in the Trust Deed;

(bb) “Effective Date” means (in the case of (1) above) the date of cessation of listing and/or trading or (in the case of (2) above) the business day immediately following the expiry of such continuous period of 10 consecutive market days; and

(cc) “market day” means a day on which the SGX-ST is open for securities trading.

Additional Note

Sustainability Performance Target (“SPT”):
50% of total Gross Floor Area (“GFA”) of the Ascott Residence Trust’s portfolio being awarded with regional, national or internationally recognised green building standards or certifications by a recognised third party by the SPT Observation Date.

SPT Observation Date:
(1) in the event that an Exception Event has not occurred, 31 December 2025 (the “Original SPT Observation Date”) and,
(2) in the event that an Exception Event has occurred, 31 December 2026, being the date on which the Sustainability Performance Target is to be satisfied

Premium Trigger Event:
Failure by Ascott Residence Trust to satisfy the SPT on the SPT Observation Date, as determined by the External Verifier and/or confirmed in the Assurance Report

Premium Payment Amount on Maturity Date post Premium Trigger Event:
In respect of each Note, an amount equal to 0.25 per cent. of the Denomination Amount of such Note

Bondsupermart strives to ensure the accuracy and relevance of the information provided here. If the information is not up-to-date or erroneous, we appreciate feedback to keep it accurate.

Coupon Dates	Coupon Receive	Principal Amount	Cash Flow

No Data