Issuer: Cordlife Group Limited
Issue Rating: Unrated
Status: Direct, unconditional, unsubordinated and unsecured Notes Issue
Distribution: As per Information Memorandum, Singapore selling restrictions Under Section 274/275 of SFA
Format/Docs: Reg S Bearer / Issuer’s SGD 500 million Multicurrency Debt Issuance Programme
Issue Date: [●] October 2014
Maturity Date: [●] October 2017
Governing Law: Singapore Law
Selling Restrictions: Sections 274 and/or 275 of the Singapore SFA
Hmmm… this is one of the names in my list yesterday at their 52 week lows.
Market Cap : SGD 272 mio.
Here's our mistakes. Don't do the same.
We asked 14 Singapore finance bloggers to share what they would do if they could go back in time and invest their first $20,000. They can no longer rewind time, but you can learn from their experience and hopefully start with a better footing.
Size of MTN programme : SGD 500 mio!
Revenues healthy and of all the 6 analysts covering the stock, 4 Buys/Overweight/Outperform and 2 Holds.
Lowly geared company although they just recently acquired a US 25 mio convertible note that pays 7% in China Cord Blood Bank and are also looking towards regional expansion.
Thus a 5% bond would fit nicely to fund the 7% note for a 2% profit. And everyone stands to gain.
This article was published on www.tradehaven.net, and is republished with permission.