Stocks to watch: CapitaLand Investment, Oxley, Yeo Hiap Seng, Jumbo, Hatten Land
THE following companies saw new developments that may affect trading of their securities on Wednesday (Apr 6):
CapitaLand Investment: (9CI) : 9CI 0% The real estate investment manager will be issuing S$400 million senior notes under a S$6 billion euro medium term note programme. They will be issued at par on Apr 12 at a fixed interest rate of 3.33 per cent per annum, and will mature in 2027. The funds raised will be used to refinance the company's existing borrowings, finance its investments and other general corporate purposes. Its shares closed 1.7 per cent or S$0.07 higher to S$4.10 on Tuesday.
Oxley Holdings: (5UX) : 5UX 0% The property developer said in a bourse filing on Tuesday evening that it has priced S$50 million worth of notes under a US$1 billion guaranteed euro medium term note programme. These notes have a fixed interest rate of 6.9 per cent per annum and will be due in July 2024. They are expected to be issued on Apr 12 this year, and the proceeds raised are to be used for general corporate purposes. Shares of Oxley Holdings closed 1.1 per cent higher, or S$0.002 to S$0.18 on Tuesday.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Capital Markets & Currencies
Europe: Stoxx 600 logs best day in three months as banks shine
US: Stocks rally after strong tech results
Mixed trading in Asia as investors watch for further macro data; STI down 0.2%
Vietnam delays launch of new stock trading system
Hong Kong bourse regains favour on hopes of a market revival
Asia: Markets rise as strong US tech earnings offset poor data