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HK firm's first S$ bond issue 10 times subscribed

The Far East Horizon 31/2-year bonds are priced at 4.25%

Published Thu, Apr 24, 2014 · 10:00 PM
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FAR East Horizon Ltd (FEH) has made a strong debut in the local bond market as Chinese bond fever reaches Singapore. The Hong Kong-listed Chinese financial services company launched its maiden, $400 million 31/2-year bond issue yesterday, pricing it at 4.25 per cent.

The final order book was $3.8 billion, almost 10 times subscribed, said DBS Bank, one of the two joint lead managers, along with Stand…

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