12-02-2014, 08:45 AM
(11-02-2014, 11:39 PM)Temperament Wrote:(11-02-2014, 11:33 PM)felixleong Wrote:It seems nobody here is aiming for coffee money? (aka stag) all for long run?(11-02-2014, 11:25 PM)pianist Wrote: what do u think will be the balloting ratios be like?
"In January 2011, CapitaMalls Asia (CMA) Treasury Limited issued a 1-year bond paying 1% coupon and
3-year bond paying 2.15% p.a. coupon in Singapore, targeted at retail investors. The combined public tranche was 1.8 times oversubscribed. CapitaMall Trust also followed suit shortly and issued a 2-year bond paying 2% p.a. coupon shortly after and likewise meet with strong demand. Apart from CMA Treasury and CMT issues, there have been other corporate bond issues in Singapore targeted at retail investors. Singapore Airline's October 2010 offer and Fraser & Neave's March 2011 offer were also met with overwhelming response."
base on past info, i think CMT 3% will be 1.5-2.5 times oversubcribed. Good luck pressing from ATM ^_^
this one even if stag, also not much $$. If open at 1.01 would u sell?