Centurion bond investors brave volatile market
Company wanted to issue S$50 million but upsizes to S$65 million due to demand
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
BOND investors on Wednesday showed their mettle, giving a pretty decent reception to Centurion Corp's three-year issue.
Centurion Corp's S$65 million three-year bonds were priced at 5.25 per cent, lower than the initial 5.50 per cent area guidance as orders reached S$130 million, said Clifford Lee, DBS Bank head of fixed income.
Copyright SPH Media. All rights reserved.
TRENDING NOW
From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?
Middle East-linked energy supply shocks put Asean Power Grid back in focus
Beijing’s calculated silence on the Iran war
DPM Gan warns of 3 structural shifts to the global system that will bring greater challenges – and opportunities
