WINGTP 4.250% 29Nov2022 Corp (SGD)

Bond Factsheet

Matured/ Called

Wing Tai Properties Finance Ltd

Indicative

Full Lot

Bid Price

99.000

Change in Bid Price

Bid Yield (%)

Change in Bid Yield

Ask Price

99.500

Change in Ask Price

Ask Yield (%)

Change in Ask Yield

Indicative price as of 13 Dec 2022, 12:00am

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Bond Information

Wing Tai Properties Finance Ltd provides real estate services. The Company conducts business in Virgin Islands, British.

Bond Issuer

Wing Tai Properties Finance Ltd

Guarantor

Wing Tai Properties Ltd

Announcement Date

22 Nov 2012

Issue Date

29 Nov 2012

Maturity Date

29 Nov 2022

Years to Maturity / Next Call

- / -

Modified Duration

Issue / Reoffer Price

100.000

Issue / Reoffer Yield

4.250

Coupon Type

Fixed

Annual Coupon Rate

4.250

Coupon Frequency

Semi Annually

Seniority

Senior Unsecured

Reference Rate

ISIN

XS0859438045

CUSIP

EJ4555656

Bond Currency

SGD

Total Issue Size

170,000,000

Min. Investment Quantity (Nominal)

SGD 250,000

Incremental Quantity (Nominal)

SGD 250,000

Bond Type

Corporate

Bond Sector

Financials

Bond Sub Sector

Real Estate 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

Upon the occurrence of a Change of Control (as defined below), the holder of each Note will have the right (unless prior to the giving of the relevant Put Event Notice (as defined below), the Issuer has given notice of redemption under Condition 7.2 or 7.3 above), at such holder's option, exercisable during the Change of Control Put Period (as defined below) by giving to the Issuer a notice (which notice shall be irrevocable save as provided in Condition 7.6) to require the Issuer to redeem or, at the Issuer's option, purchase (or procure the purchase of), all, but not some only, of such holder's Notes on the Put Date (as defined below) at the Change of Control Redemption Amount specified in, or determined in the manner specified in, the applicable Pricing Supplement, together with accrued interest up to, but excluding the Put Date. Such option shall operate as set out below and in Condition 7.6.

a Change of Control occurs when:

(a) other than the Cheng Family or any of its affiliates, any Person or Persons, acting together, acquires Control of the Guarantor; or

(b) the Guarantor consolidates with or merges into or sells or transfers all or substantially all of its assets to any other Person, unless the consolidation, merger, sale or transfer will not result in any Person or Persons (other than the Cheng Family or any of its affiliates) acquiring Control over the Guarantor or the successor entity;

Control means (i) the ownership or control of more than 50 per cent. of the voting rights of the issued share capital of the Guarantor or (ii) the right to appoint and/or remove all or the majority of the members of the Guarantor's board of directors or other governing body, whether obtained directly or indirectly, and whether obtained by ownership of share capital, the possession of voting rights, contract or otherwise and the terms Controlling and Controlled shall have meanings correlative to the foregoing;

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