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Perennial to join retail bond market with S$150m offering (Amended)

Published Mon, Oct 12, 2015 · 09:50 PM
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Singapore

PERENNIAL Real Estate Holdings is hoping to diversify its investor base with a S$150 million offering of three-year retail bonds at a coupon of 4.65 per cent.

The bonds will be sold at par in the offering, which opens on Tuesday and closes at 9.00 am on Oct 21.

Lead manager DBS has a greenshoe option to sell up to an additional S$150 million of the bond…

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