US-dollar bonds winning larger share of Singapore's debt financing pie
More competitive credit spread in US bond market makes it cheaper for Singapore-listed entities to raise money
Add BT as a preferred source
Singapore
LISTED companies in Singapore are increasingly tapping the US dollar (USD) bond market as they raise funds to strengthen their balance sheets amid the Covid-19 outbreak.
Companies commonly turn to debt capital markets to raise money in uncertain times, investor appetite permitting. The entities listed on the Singapore Exchange (SGX) have predominantly issued bonds denominated in Singapore dollars (SGD).
TRENDING NOW
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
OCBC consumer banking chief Sunny Quek aims to double wealth business by 2029
Thai and Vietnamese farmers may stop planting rice because of the Iran war. Here’s why
Hengli’s ex-Singapore unit dismisses staff after US sanctions, at risk of being wound down: sources
