AGSP 3.150% 16Jan2025 Corp (SGD)

Bond Factsheet

Matured/ Called

Allgreen Treasury Pte Ltd

Indicative

Full Lot

Bid Price

99.984

Change in Bid Price

0.025

Bid Yield (%)

Change in Bid Yield

Ask Price

100.105

Change in Ask Price

0.016

Ask Yield (%)

Change in Ask Yield

Indicative price as of 16 Jan 2025, 12:00am

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Bond Information

Allgreen Properties Ltd. offers property development and investment, construction, and project and property services. The Company markets and supplies building materials, provides maintenance and housekeeping services. Allgreen Properties operates throughout Singapore.

Bond Issuer

Allgreen Treasury Pte Ltd

Guarantor

Allgreen Properties Ltd

Announcement Date

09 Jan 2020

Issue Date

16 Jan 2020

Maturity Date

16 Jan 2025

Years to Maturity / Next Call

- / -

Modified Duration

Issue / Reoffer Price

100.000

Issue / Reoffer Yield

3.150

Coupon Type

Fixed

Annual Coupon Rate

3.150

Coupon Frequency

Semi Annually

Seniority

Senior Unsecured

Reference Rate

ISIN

SGXF82593314

CUSIP

ZP4254287

Bond Currency

SGD

Total Issue Size

250,000,000

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

If, for any reason, a Change of Control Event (as defined below) occurs, the Issuer will within 10 days of such occurrence (the "Transfer Date") give notice to the Noteholders of the occurrence of such event and shall, at the option of any holder of any Note, redeem such Note at its Redemption Amount, together with interest accrued to (but excluding) the date fixed for redemption, on the date falling 45 days from the Transfer Date (or if such date is not a business day, on the next day which is a business day).

For the purposes of these Conditions:

"Change of Control Event" means:

(i) any Person or Persons (acting together with its related corporations) (other than Permitted Holders) acquires or acquire Control of the Guarantor, if such Person or Persons does not or do not have, and would not be deemed to have, Control over the Guarantor on the Issue Date; or

(ii) the Guarantor consolidates with or merges into or sells or transfers all or substantially all of the Guarantor's assets to any other Person or Persons (acting together with its related corporations) (other than Permitted Holders), unless the consolidation, merger, sale or transfer will not result in such other Person or Persons acquiring Control over the Guarantor or the successor entity;

"Control" means:

(i) the ownership or control, whether directly or indirectly, 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, whether obtained directly or indirectly, and whether obtained by ownership of share capital, the possession of voting rights, contract or otherwise;

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