CTFSHK 4.250% 27Jun2029 Corp (USD)

Bond Factsheet

Celestial Dynasty Limited

Indicative

Full Lot

Bid Price

92.588

Change in Bid Price

remove 0.017

Bid Yield (%)

7.295 %

Change in Bid Yield

0.011

Ask Price

93.317

Change in Ask Price

remove 0.010

Ask Yield (%)

6.982 %

Change in Ask Yield

0.007

Indicative price as of 02 Oct 2026, 4:33pm

chevron_leftchevron_right

Bond Information

Celestial Dynasty Ltd operates software development businesses. The Company develops application software and other products.

Bond Issuer

Celestial Dynasty Limited

Guarantor

CTF Services Limited

Announcement Date

20 Jun 2019

Issue Date

27 Jun 2019

Maturity Date

27 Jun 2029

Years to Maturity / Next Call

2.728 / -

Modified Duration

2.480 @ 02 Oct 2026

Issue / Reoffer Price

99.718

Issue / Reoffer Yield

4.285

Coupon Type

Fixed

Annual Coupon Rate

4.250

Coupon Frequency

Semi Annually

Seniority

Senior Unsecured

Reference Rate

ISIN

XS2009282539

CUSIP

AZ2768721

Bond Currency

USD

Total Issue Size

650,000,000

Outstanding Issue Size

243,649,000

Min. Investment Quantity (Nominal)

USD 200,000

Incremental Quantity (Nominal)

USD 1,000

Bond Type

Corporate

Bond Sector

Industrials

Bond Sub Sector

Construction and Engineering

Issuer Credit Rating (S&P/ Fitch)

***/ N.R

Bond Credit Rating (S&P/ Fitch)

***/ N.R

Shariah Compliant

Exchange Listed

HKEX

Bond Feature(s)

Make Whole Call

Redemption at the option of the Issuer (Make Whole Redemption): The Notes may be redeemed at the option of the Issuer in whole and not in part, at any time at the relevant Make Whole Redemption Amount (Call), on the Issuer giving not less than 30 nor more than 60 days’ notice to the Noteholders (which notice shall be irrevocable and shall oblige the Issuer to redeem the Notes at the Make Whole Redemption Amount (Call) plus accrued and unpaid interest (if any) to such date).

For the purposes of this Condition 6(b):

“Make Whole Redemption Amount (Call)” means (x) the principal amount of the Notes or, if this is higher (y) the amount equal to the sum of the present value of the principal amount of the Notes, together with the present values of the interest payable for the relevant Interest Periods from the relevant date fixed for redemption to the Maturity Date, in each case, discounted on a semi-annual compounded basis at the adjusted US Treasury Rate plus 0.30 per cent., all as determined by the Determination Agent

Change Control Put

At any time following the occurrence of a Change of Control, the Holder of each Note will have the right, at such Holder’s option, to require the Issuer to redeem all but not some only of that Holder’s Notes on the Change of Control Put Date at their principal amount, together with accrued and unpaid interest (if any) up to, but excluding the Change of Control Put Date.

A “Change of Control” occurs when:
(i) any Person or Persons acting together acquires Control of the Guarantor if such Person or Persons does not or do not have, and would not be deemed to have, Control of the Guarantor on the Issue Date;
(ii) 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 the other Person or Persons acquiring Control over the Guarantor or the successor entity; or
(iii) one or more Persons acquires the beneficial ownership of all or substantially all of the Guarantor’s issued share capital;

“Control” means the acquisition or control of more than 50 per cent. of the voting rights of the issued share capital of the Guarantor or 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;

Additional Note

NWS Holdings (Guarantor) has officially changed its name to CTF Services Limited, effective November 2024.

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