SBST issues S$100m MTN
-
mid term notes
-
Interesting.
Why are they issueing bonds for? Repay their debts ah?
Just read their Annual Report 2009...and saw that the company policy is not to participate in financial deravatives unless for hedging. Abit ironic haha... guess they really need some cash.
-
Originally posted by Y_Shun:
Interesting.
Why are they issueing bonds for? Repay their debts ah?
Just read their Annual Report 2009...and saw that the company policy is not to participate in financial deravatives unless for hedging. Abit ironic haha... guess they really need some cash.
Maybe all the fleet renewal.... No money liao...
-
likely a means to raise capital to fund their fleet replacement exercise.. they still have plenty more buses to replace within the next 5 years! in 2015 we will be saying bye-bye to the VO3X and DM3500s..
-
Originally posted by Y_Shun:
Interesting.
Why are they issueing bonds for? Repay their debts ah?
Just read their Annual Report 2009...and saw that the company policy is not to participate in financial deravatives unless for hedging. Abit ironic haha... guess they really need some cash.
it's not any form of deravatives..it's just a simple bond, tat I need tis amount within a short span of yrs.
-
taking advantage of low interest environment
5 years @ 1.95%pa... wonder who will bite the bait.. the rating also wont be very high i think?
SIA's 2.15% bond also not very popular -
Bus fans who want own SBST. LOL...
-
aiya notes is a debt... so the buyers are creditors.. not owners
to be owner of SBS.. buy their shares.. now, $920 can make you an owner lo
-
Originally posted by 105090:
aiya notes is a debt... so the buyers are creditors.. not owners
to be owner of SBS.. buy their shares.. now, $920 can make you an owner loCan ah... slowly bit by bit give buying in... later u really own the company... but then govt regulate.. ALL GONE! LOL...