ASPSP 5.250% 28Aug2020 Corp (SGD)

Bond Factsheet

Matured/ Called

Aspial Treasury Pte Ltd

Indicative

Full Lot

Bid Price

100.125

Change in Bid Price

0.125

Bid Yield (%)

Change in Bid Yield

Ask Price

100.125

Change in Ask Price

0.125

Ask Yield (%)

Change in Ask Yield

Indicative price as of 28 Aug 2020, 12:00am

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Bond Information

Aspial Treasury Pte. Ltd. operates jewelry stores. The Company retails jewelry products and other accessories.

Bond Issuer

Aspial Treasury Pte Ltd

Guarantor

Aspial Corp Ltd

Announcement Date

19 Aug 2015

Issue Date

28 Aug 2015

Maturity Date

28 Aug 2020

Years to Maturity / Next Call

- / -

Modified Duration

Issue / Reoffer Price

100.000

Issue / Reoffer Yield

5.250

Coupon Type

Fixed

Annual Coupon Rate

5.250

Coupon Frequency

Semi Annually

Seniority

Senior Unsecured

Reference Rate

ISIN

SG31A4000007

CUSIP

UV5652945

Bond Currency

SGD

Total Issue Size

Outstanding Issue Size

141,885,000

Min. Investment Quantity (Nominal)

SGD 1,000

Incremental Quantity (Nominal)

SGD 1,000

Bond Type

High Yield Corporate

Bond Sector

Financials

Bond Sub Sector

Real Estate Management and Development

Issuer Credit Rating (S&P/ Fitch)

***/ N.R

Bond Credit Rating (S&P/ Fitch)

***/ N.R

Shariah Compliant

Exchange Listed

SGX

Bond Feature(s)

Change Control Put

If, for any reason, a Change of Shareholding Event (as defined below) occurs, the Issuer will within seven days of such occurrence (the "Transfer Date") give notice to the Bondholders of the occurrence of such event and shall, at the option of the holder of any Bond, redeem such Bond at its principal amount, together with interest accrued to (but excluding) the date fi xed for redemption, on the date falling 60 days from the Transfer Date (or if such date is not a business day, on the next day which is a business day).

a "Change of Shareholding Event" occurs when Mr Koh Wee Seng, Ms Ko Lee Meng and Ms Koh Lee Hwee cease to own in aggregate (whether directly or indirectly) more than 50 per cent. of the issued share capital of the Guarantor.

Extracted from Offer Information Statement Dated 18 August 2015

Cessation Put

In the event that:

the shares of the Guarantor cease to be traded on the SGX-ST (as defined in the Trust Deed) or;
trading in the shares of the Guarantor on the SGX-ST is suspended for a continuous period of more than seven days (other than by reason of holiday, statutory or otherwise),

the Issuer shall, at the option of the holder of any Bond, redeem such Bond at its principal amount together with interest accrued to (but excluding) the date fi xed for redemption on any date on which interest is due to be paid on such Bonds or, if earlier, the date falling 45 days after the Effective Date.

Extracted from Offer Information Statement Dated 18 August 2015

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