ARTSP 4.000% 22Mar2024 Corp (SGD)

Bond Factsheet

Matured/ Called

Ascott REIT MTN Pte Ltd

Indicative

Full Lot

Bid Price

100.021

Change in Bid Price

Bid Yield (%)

Change in Bid Yield

Ask Price

100.084

Change in Ask Price

Ask Yield (%)

Change in Ask Yield

Indicative price as of 22 Mar 2024, 12:00am

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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

16 Mar 2016

Issue Date

23 Mar 2016

Maturity Date

22 Mar 2024

Years to Maturity / Next Call

- / -

Modified Duration

Issue / Reoffer Price

100.000

Issue / Reoffer Yield

4.000

Coupon Type

Fixed

Annual Coupon Rate

4.000

Coupon Frequency

Semi Annually

Seniority

Senior Unsecured

Reference Rate

ISIN

SG71F2000004

CUSIP

JK4811093

Bond Currency

SGD

Total Issue Size

120,000,000

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)

Additional Note

In the event that Ascott REIT is terminated in accordance with the provisions of the Ascott REIT Trust Deed (as defined in the Trust Deed), the 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.

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