POST-TRANSACTION PAYMENT ENABLED BOND COMPLEXITY : MODERATE ISIN: SGXF16539490
ARTSP 3.630% 20Apr2027 Corp (SGD)
ASCOTT REIT MTN PTE LTD
Indicative Bid Price
101.550
Bid Yield to Maturity
1.714%
Bid Yield to Call
0.000%
Min. Investment (Nominal)
250000
Indicative Ask Price
101.708
Ask Yield to Maturity
1.522%
Ask Yield to Call
0.000%
Next Call Date
-
Credit Rating (Bond)
BBB
Investment Grade
Seniority
Senior Unsecured
Investor Profile
 Stable Income Seeker
Chart
Created with Highcharts 9.3.2Chart context menuBid Yield to CallAsk Yield to CallBid Yield to MaturityAsk Yield to Maturity26. May28. May30. May1. Jun3. Jun5. Jun7. Jun9. Jun11. Jun13. Jun15. Jun17. Jun19. Jun21. Jun00.511.52fundsupermart.com
Bond Information
Ascott REIT MTN Pte. Ltd. operates as a special purpose entity. The Company was formed for the purpose of issuing debt securities to repay existing credit facilities, refinance indebtedness, and for acquisition purposes.
Bond Issuer
Ascott REIT MTN Pte Ltd
Guarantor
Ascott Residence Trust
Announcement Date
11 Apr 2022
Issue Date
19 Apr 2022
Maturity Date / Next Call Date
19 Apr 2027 (Maturity Date)
Years to Maturity / Next Call
0.821 / -
Issue/Reoffer Price
100.000
Issue/Reoffer Yield
3.630
Coupon Type
Fixed
Annual Coupon Rate (%)
3.63
Annual Coupon Frequency
Semi Annually
Seniority
Senior Unsecured
Exchange Listed
SGX
Reference Rate
-
ISIN
SGXF16539490
CUSIP
BV8949547
Bond Currency
SGD
Total Issue Size
SGD 200,000,000
Minimum Investment Quantity (Nominal)
SGD 250,000
Incremental Quantity (Nominal)
SGD 250,000
Bond Registration
Wholesale
Bond Type
Corporate
Bond Sector
Financials
Bond Sub Sector
Real Estate Investment Trusts
Issuer Credit Rating (S&P/ Fitch)
***/N.R
Bond Credit Rating (S&P/ Fitch)
***/BBB
Shariah Compliant
No
W-8BEN Declaration needed
No
Bond Feature(s)
In the event that (1) (A) (for so long as the Ascott REIT Units and the Ascott BT Units are Stapled) the Stapled Units or (B) (in the case where the Ascott REIT Units and the Ascott BT Units are not Stapled) the Ascott REIT Units cease to be listed and/or traded on the Singapore Exchange Securities Trading Limited (“SGX-ST”) or (2) trading in the Stapled Units or, as the case may be, the Ascott REIT Units on the SGX-ST is suspended for a continuous period exceeding 10 consecutive market days, the relevant Issuer shall, at the option of the holder of any Note, redeem such Note at its Redemption Amount, together with interest accrued to (but excluding) the date fixed for redemption on the date (or, if such date is not a business day, on the immediately preceding business day) falling 45 days after the Effective Date. To exercise such option, the holder must deposit (in the case of Bearer Notes) such Note (together with all unmatured Coupons and unexchanged Talons) with the Issuing and Paying Agent or any other Paying Agent at its specified office or (in the case of Registered Notes) the Certificate representing such Note(s) with the Registrar or the Transfer Agent at its specified office, together with a duly completed Exercise Notice in the form obtainable from the Issuing and Paying Agent, the Registrar or any other Transfer Agent (as applicable), no later than 30 days after the Effective Date. The relevant Issuer shall, within seven days after the Effective Date, notify the Trustee, the Issuing and Paying Agent and the Noteholders of the occurrence of the event specified in this Condition 6(e)(ii) (provided that any failure by the relevant Issuer to give such notice shall not prejudice any Noteholder of such option). Any Note or Certificate so deposited may not be withdrawn (except as provided in the Agency Agreement) without the prior consent of the relevant Issuer.

For the purposes of this Condition 6(e)(ii):

(aa) “Ascott REIT Units”, “Ascott BT Units”, “Stapled” and “Stapled Units” bear the same meanings as ascribed to them in the Trust Deed;

(bb) “Effective Date” means (in the case of (1) above) the date of cessation of listing and/or trading or (in the case of (2) above) the business day immediately following the expiry of such continuous period of 10 consecutive market days; and

(cc) “market day” means a day on which the SGX-ST is open for securities trading.

In the event that Ascott REIT is or is to be terminated in accordance with the provisions of the Ascott REIT Trust Deed (as defined in the Trust Deed), the relevant Issuer shall redeem all (and not some only) of the Notes at their Redemption Amount together with interest accrued to the date fixed for redemption on any date on which interest is due to be paid on such Notes or, if earlier, the date of termination of Ascott REIT.
Sustainability Performance Target (“SPT”):
50% of total Gross Floor Area (“GFA”) of the Ascott Residence Trust’s portfolio being awarded with regional, national or internationally recognised green building standards or certifications by a recognised third party by the SPT Observation Date.

SPT Observation Date:
(1) in the event that an Exception Event has not occurred, 31 December 2025 (the “Original SPT Observation Date”) and,
(2) in the event that an Exception Event has occurred, 31 December 2026, being the date on which the Sustainability Performance Target is to be satisfied

Premium Trigger Event:
Failure by Ascott Residence Trust to satisfy the SPT on the SPT Observation Date, as determined by the External Verifier and/or confirmed in the Assurance Report

Premium Payment Amount on Maturity Date post Premium Trigger Event:
In respect of each Note, an amount equal to 0.25 per cent. of the Denomination Amount of such Note
Price History
(Daily prices for the last 3 months), if you wish to view more than 3 months price history you may export the file
DATE
BID PRICE
ASK PRICE
ASK YIELD (CALL)
ASK YIELD (MATURITY)
22 Jun 2026101.550101.7081.522
21 Jun 2026101.550101.7081.529
18 Jun 2026101.558101.7171.525
17 Jun 2026101.567101.7171.532
16 Jun 2026101.575101.7251.543
15 Jun 2026101.575101.7251.549
14 Jun 2026101.575101.7421.536
11 Jun 2026101.575101.7421.542
10 Jun 2026101.575101.7421.549
09 Jun 2026101.567101.7331.579
Total of 65 entries
10 / Page
FSM Global strives to ensure the accuracy and relevance of the information provided here. If the information is not up-to-date or erroneous, we appreciate feedback to keep it accurate.
Credit Rating

There are no credit rating changes for this bond for the past 3 years.

Related Documents
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Pricing Supplement
S$200,000,000 3.63 Per Cent. Sustainability-linked Notes due 2027. Pricing Supplement Dated 12 April 2022.
pdfIcon
Offering Circular
S$2,000,000,000 Multicurrency Debt Issuance Programme. Dated 09 July 2020
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Preliminary Offering Circular
Unconditionally and irrevocably guaranteed by DBS Trustee Limited (in its capacity as trustee of Ascott Real Estate Investment Trust) SERIES NO: 011
Related Bonds

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FSM's Fees
For more information, please refer to the Pricing Structure
For each Buy & Sell Order (Retail^, Wholesale, Bond Express)
Processing Fee
0.35% / Min. SGD 10*
Platform Fee
0.05% per quarter
Other Charges
Goods & Services Tax (GST)
9% (GST is applicable to Singaporean residents on FSM’s fee)
Order Processing Time
Buy Wholesale Bonds / SGS Bonds / Retail (All payment type)
Generally T+2 business days upon payment clearance
Sell Wholesale Bonds / SGS Bonds / Retail Bonds
Generally T+2 business days (Redemption proceeds will be credited on next day)
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Remark

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  3. T = Transaction Date
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    ^The Purchase date will be based on T date

Platform Charge
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Note
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Potential Income Explained
EDIT
Est. Payable Amount
SGD 257,138.20
Years to Maturity
9+ months
Est. Total Income
SGD 9,075.00
Yield to Maturity
0.755%
Indicative Cash Flow
Nominal Value
SGD 250,000.00
  • 2027
    Apr
    Coupon
    SGD 4,537.50
    Maturity
    SGD 250,000.00
  • 2026
    Oct
    Coupon
    SGD 4,537.50
Disclaimer: Cash flow calculations are computed based on current coupon rate till next possible call or maturity date. Figures reflected are indicative and subjected to changes in case of any corporate actions.
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