issuance

REITs

Perpetual securities lower gearing but please use sparingly

Perpetual securities are helpful for REITs by keeping their gearing levels manageable, but they should be used sparingly

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Asian Healthcare Specialists eyes $10 mil investment agreement with Temasek unit

SINGAPORE (Oct 16): Asian Healthcare Specialists (AHS) is proposing to issue $5 million in convertible bonds due in 2021 to Vanda 1 Investments at the conversion price of 25 cents per conversion share.

UOB’s Basel-III compliant Tier 2 notes 7.3 times subscribed

SINGAPORE (Sept 1): United Overseas Bank (UOB) says it will be issuing US$600 million worth of 2.88% Basel III-compliant Tier 2 subordinated notes on Sept 8.
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