SATS do share buyback today... 😅
2.88% not high
oneonly ( Date: 01-Apr-2020 15:18) Posted:
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notes also carries default risk!!
hmm.. the notes are in denominations of S$250,000, if u have this sum of money will u buy the notes ? Or u choose to buy back when its at the lowest point for capital appreciation ?
so short is the answer...lol
I think is bad Bec is like a loan which need to pay int of $5.8 million a year .
Dnio424 ( Date: 01-Apr-2020 14:48) Posted:
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so is this Note thingy, good or bad news
Below $3 liao 😈
. Hope we don' t hv to wait till neck long long...
uiop1223 ( Date: 01-Apr-2020 13:40) Posted:
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If i follow typically analyst format, i will say yes at some pt in time. It will happen one day mah... lol..
For me, i feel this fri or next week. Unless stimulus 4.0 comes out.
For me, i feel this fri or next week. Unless stimulus 4.0 comes out.
cynqsh66 ( Date: 01-Apr-2020 13:27) Posted:
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Well, thats becoz price keep falling and some longists think its worth at certain price level lor. Its a bid ask matching process.
oneonly ( Date: 01-Apr-2020 13:29) Posted:
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But it seem like the buying interest seem to be quite strong today any ideas ? 
HiHi Bro,
$2.50 and below possible ah?...
 
$2.50 and below possible ah?...
 
uiop1223 ( Date: 01-Apr-2020 13:11) Posted:
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Huat ar. $2.50 this fri?
They need short term financing. The coupon rate is $5800000 per year . Means extra exp per year.
oneonly ( Date: 01-Apr-2020 11:08) Posted:
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on track to below 3.00
Yah im keen to short too wonder how the notes will affect the shares prices.
Good for uob. N. Dbs to earn the commission.
Now still good to short ?
 
 
SATS issues S$200m 2.9% 5-year notes
TUE, MAR 31, 2020 - 7:50 PMMAINBOARD-LISTED SATS on Tuesday said it has issued S$200 million worth of five-year notes. 
The notes, which mature in 2025, will have a fixed coupon rate of 2.88 per cent per annum, payable semi-annually in arrear.
The Series 001 Notes are expected to be listed on the Singapore Exchange on Wednesday.
The notes are in denominations of S$250,000. Net proceeds will be used for refinancing of existing borrowings and general corporate purposes, SATS said in a bourse filing on last Wednesday.
The Series 001 notes will be issued under the company' s S$500 million multi-currency debt-issuance programme. DBS Bank and UOB have been appointed as joint lead managers and bookrunners.
Shares of SATS closed down $0.04 or 1.25 per cent to S$3.16 on Tuesday.
https://www.businesstimes.com.sg/companies-markets/sats-issues-s200m-29-5-year-notes