ValueBuddies.com : Value Investing Forum - Singapore, Hong Kong, U.S. › ValueBuddies.com › Economic News v
F1 IPO To Be Sold Via Stapled Securites

F1 IPO To Be Sold Via Stapled Securites

Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Nick Offline
Posting Freak
*****
Posts: 2,278
Threads: 78
Joined: Oct 2010
Reputation: 34
#1
24-05-2012, 09:26 PM
http://blogs.wsj.com/deals/2012/05/24/f1...securites/ [Article]

Wow ! If true, this must be a first in SGX with a share + 10% coupon bond maturing in 2060 deal.
Disclaimer: Please feel free to correct any error in my post. I am not liable for anything. Do your own research and analysis. I do NOT give buy or sell calls and stock tips. Buy and sell at your risk. I am not a qualified financial adviser so I do not give any advice. The postings reflects my own personal thoughts which may or may not be accurate.
Find
Reply
KopiKat Offline
Tikam Buddy
*****
Posts: 1,889
Threads: 5
Joined: Feb 2011
Reputation: 15
#2
24-05-2012, 10:28 PM (This post was last modified: 24-05-2012, 10:28 PM by KopiKat.)
(24-05-2012, 09:26 PM)Nick Wrote: http://blogs.wsj.com/deals/2012/05/24/f1...securites/ [Article]

Wow ! If true, this must be a first in SGX with a share + 10% coupon bond maturing in 2060 deal.

Quote:The IPO is the first such structured offering in Singapore wherein the company will offer shares stapled with a loan note. This means the shares and the loan note will be bundled as one stapled security and cannot be traded or sold separately

What if it's a $4 Share + $1 Bond (10% coupon) and they don't intend to pay any Dividend for the Share (since they have debts to service or pay down)? Neither is it projected to grow? Still attractive? Big Grin
Luck & Fortune Favours those who are Prepared & Decisive when Opportunity Knocks
------------ 知己知彼 ，百战不殆 ；不知彼 ，不知己 ，每战必殆 ------------
Find
Reply


Forum Jump:


Users browsing this thread: 2 Guest(s)