MAS scheme to help bond issuers offset credit-rating fees
Help in issuance costs aims to make it more attractive for Asian issuers to raise international capital in S'pore
Singapore
ASIAN and Singapore bond issuers will get help to offset credit-rating fees, said the Monetary Authority of Singapore (MAS) as it tries to raise the quality of bonds sold here.
Qualifying Asian issuances will be able to offset up to 50 per cent of one-time issuance costs such as credit-rating fees, said Jacqueline Loh, MAS's deputy managing director, on Thursday.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
S&P slashes Boeing credit outlook as rating hovers above junk status
Honda to spend US$11 billion on EV strategy in Canada
GlaxoSmithKline sues Pfizer and BioNTech over Covid-19 vaccine technology
Mapletree Industrial Trust Q4 DPU rises 0.9% to S$0.0336
Nasdaq’s profit falls as shaky economy keeps IPO revival elusive
iFast Q1 net profit surges on ePension unit performance