You are here

HYFLUX CRISIS

Trading suspension of Hyflux perps leaves investors out on a limb

With its non-redemption on first call date, analysts fear new issuers would have to pay a premium

BP_Hyflux_240518_2.jpg
Investors who bought Hyflux's perpetual securities are reeling from the company's suspension of trading in the securities, as the firm said it will not pay the coupon interest on the notes, while in February it said it will not redeem an earlier issue on first call.

Singapore

INVESTORS who bought Hyflux's perpetual securities are reeling from the company's suspension of trading in the securities, as the firm said it will not pay the coupon interest on the notes, while in February it said it will not redeem an earlier issue on first call.

There

sentifi.com

Market voices on:

Powered by GET.comGetCom