ARTSP 4.205% 23Nov2022 Corp (SGD)

Bond Factsheet

Matured/ Called

Ascott REIT MTN Pte Ltd

Indicative

Full Lot

Bid Price

99.950

Change in Bid Price

Bid Yield (%)

Change in Bid Yield

Ask Price

100.100

Change in Ask Price

Ask Yield (%)

Change in Ask Yield

Indicative price as of 07 Dec 2022, 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

12 Nov 2015

Issue Date

23 Nov 2015

Maturity Date

23 Nov 2022

Years to Maturity / Next Call

- / -

Modified Duration

Issue / Reoffer Price

100.000

Issue / Reoffer Yield

4.205

Coupon Type

Fixed

Annual Coupon Rate

4.205

Coupon Frequency

Semi Annually

Seniority

Senior Unsecured

Reference Rate

ISIN

SG6ZJ0000003

CUSIP

QJ7702831

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)

Cessation Put

If on any date, (1) the units of Ascott REIT cease to be traded on the Singapore Exchange Securities Trading Limited or (2) trading in the units of Ascott REIT is suspended for more than seven consecutive days on which normal trading of securities is carried out, the Issuer shall, at the option of the holder of any Note, redeem such Note at its Redemption Amount (together with interest accrued to 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 business day immediately following the expiry of the seven-day period (each an "Effective Date").

Additional Note

Redemption upon Termination of Ascott Reit

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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