BOND COMPLEXITY : MODERATEISIN: US948596AE12
WB 3.375% 08Jul2030 Corp (USD)
WEIBO CORPORATION
Indicative Bid Price
93.743
Bid Yield to Maturity
5.125%
Bid Yield to Call
5.233%
Min. Investment (Nominal)
200000
Indicative Ask Price
93.940
Ask Yield to Maturity
5.068%
Ask Yield to Call
5.172%
Next Call Date
07 Apr 2030
Credit Rating (Bond)
No Rating
Seniority
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 Maturity8. Jun10. Jun12. Jun14. Jun16. Jun18. Jun20. Jun22. Jun24. Jun26. Jun28. Jun30. Jun2. Jul4. Jul4.955.15.25.35.4FSM Global
Bond Information
Weibo Corp is a social media platform for people to create, distribute and discover Chinese-language content. The Company offers users public self-expression in real time with a powerful platform for social interaction, as well as content aggregation and distribution. Weibo enables its advertising and marketing customers to promote their brands, products and services to users.
Bond Issuer
Weibo Corporation
Guarantor
-
Announcement Date
29 Jun 2020
Issue Date
07 Jul 2020
Maturity Date / Next Call Date
07 Jul 2030 / 07 Apr 2030
Years to Maturity / Next Call
4.005 / 3.755
Issue/Reoffer Price
99.337
Issue/Reoffer Yield
3.454
Coupon Type
Fixed
Annual Coupon Rate (%)
3.375
Annual Coupon Frequency
Semi Annually
Seniority
Senior Unsecured
Exchange Listed
SGX
Reference Rate
-
ISIN
US948596AE12
CUSIP
948596AE1
Bond Currency
USD
Total Issue Size
USD 750,000,000
Minimum Investment Quantity (Nominal)
USD 200,000
Incremental Quantity (Nominal)
USD 1,000
Bond Registration
Wholesale
Bond Type
Corporate
Bond Sector
Information Technology
Bond Sub Sector
IT Services
Issuer Credit Rating (S&P/ Fitch)
***/BBB
Bond Credit Rating (S&P/ Fitch)
***/N.R
Shariah Compliant
No
W-8BEN Declaration needed 
No
Bond Feature(s)
If a Triggering Event occurs, unless we have exercised our right to redeem the Notes as described under the heading "Description of Debt Securities-Tax Redemption" in the accompanying prospectus or under the heading "Optional Redemption" above, we will be required to make an offer to repurchase all or, at the holder's option, any part (equal to US$200,000 or multiples of US$1,000 in excess thereof), of each holder's Notes pursuant to the offer described below (the "Triggering Event Offer") on the terms set forth in the indenture and the Notes. In the Triggering Event Offer, we will be required to offer payment in cash equal to 101% of the aggregate principal amount of Notes repurchased plus accrued and unpaid interest, if any, on the Notes repurchased to, but not including, the date of purchase (the "Triggering Event Payment").
We may, upon giving not less than 30 days nor more than 60 days' notice to holders of the Notes (which notice shall be irrevocable) and the trustee, redeem the Notes at any time prior to April 8, 2030, in whole or in part, at a redemption amount equal to the greater of:

- 100% of the principal amount of the Notes to be redeemed; and

- the "make whole amount," which means the amount determined on the fifth Business Day before the redemption date equal to the sum of (i) the present value of the principal amount of the Notes to be redeemed, assuming a scheduled repayment thereof on the stated maturity date, plus (ii) the present value of the remaining scheduled payments of interest to and including the stated maturity date, in each case discounted to the redemption date on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months and, in the case of an incomplete month, the actual number of days elapsed) at the Treasury Yield plus April 8, 2030 basis points,

plus, in each case, accrued and unpaid interest on the Notes to be redeemed, if any, to, but not including, the applicable redemption date; provided that the principal amount of a Note remaining outstanding after redemption in part shall be US$200,000 or an integral multiple of US$1,000 in excess thereof.
In addition, we may, upon giving not less than 30 days nor more than 60 days' notice to holders of the Notes (which notice shall be irrevocable) and the trustee, redeem the Notes at any time from or after April 8, 2030, in whole or in part, at a redemption price equal to 100% of the principal amount of the Notes to be redeemed plus, accrued and unpaid interest on the Notes to be redeemed, if any, to, but not including, the applicable redemption date.
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)
05 Jul 202693.74393.9405.1725.068
02 Jul 202693.62393.8345.2035.097
01 Jul 202693.55193.7625.2245.117
30 Jun 202693.62593.8445.1955.090
29 Jun 202693.95894.1725.0934.994
28 Jun 202693.92694.1355.1045.004
25 Jun 202693.92294.1215.1075.007
24 Jun 202693.74593.9485.1585.055
23 Jun 202693.54193.7465.2165.110
22 Jun 202693.57193.7715.2075.102
Total of 65 entries
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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
CHANGE DATE
S&P Bond S&P Issuer Fitch Bond Fitch Issuer
04 Nov 2024 *** *** N.RN.R -> BBB
Total of 1 entries
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Related Documents
pdfIcon
Offering Circular
US$750,000,000 Weibo Corporation 3.375% Notes due 2030. Dated 20 June 2019.
pdfIcon
Preliminary Offering Circular
Weibo Corporation. Preliminary Prospectus Supplement (To Prospectus dated June 20, 2019) dated June 29, 2020.
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

  1. *Processing fee is subjected to a minimum of SGD 10 (or in its equivalent currency).
  2. ^ For the purchase of the Retail Bonds, FSM Global will be absorbing SGX related Charges, till further notice.
  3. T = Transaction Date
    The Order processing time refers to the order completion and reflected in your account.
    ^The Purchase date will be based on T date

Platform Charge
  1. For the purpose of benefiting from lower rates based on higher investment holding tiers, the effective platform fee rate is based on the total combined holdings of all FSM accounts under main account holder (including beneficiary accounts), while Stock / ETF / Cash Account holdings are excluded from the combined holdings amount.
  2. Platform fee is charged for funds / bonds investments (excluding CPF holdings). The fee is accrued daily, calculated based on the daily average market value of the total Assets Under Administration (AUA) and deducted on a quarterly basis.

Note
  1. All fees and commission quoted are exclusive of Goods and Services Tax (GST).
  2. Platform fee is charged for funds / bonds investments (excluding CPF holdings). The fee is accrued daily, calculated based on the daily average market value of the total Assets Under Administration (AUA) and deducted on a quarterly basis.

Potential Income Explained
Est. Payable Amount
USD 188,811.75
Years to Call
3 years 8+ months
Est. Total Income
USD 25,312.50
Yield to Call
4.846%
Indicative Cash Flow
Nominal Value
USD 200,000.00
  • 2030
    Apr
    Coupon
    USD 1,687.50
    Early Redemption
    USD 200,000.00
  • Jan
    Coupon
    USD 3,375.00
  • 2029
    Jul
    Coupon
    USD 3,375.00
  • Jan
    Coupon
    USD 3,375.00
  • 2028
    Jul
    Coupon
    USD 3,375.00
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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