Commodity player Olam International yesterday sold US$250million worth of 7.5 per cent, 10-year bonds-the first unrated Singapore company to do so in international debt markets.
A jubilant banker close to the transaction said that, for international markets, bonds normally have to be rated.
"Many investors in their mandates can't buy unrated paper," he said. - Business Times Weekend, Sat/Sun, 7-8 August, 2010, lisen@sph.com.sg
This blog is about Straits Times Index, Singapore. STI Singapore's news are extracted from worldwide news agencies, search engines, financial stocks websites, companies reports and etc related to stocks. STI Singapore's News, etc are summarised(Some full details) and posted on STI Singapore blogspot. Each component stocks profile is url linked to understand more about each component's background. Any original source is also named and linked.
Sunday, August 8, 2010
NOL steers itself into profit territory
Q2 net profit of US$99.7M versus US$146.2M loss a year earlier as container volumes and freight soar - Business Time Weekend, Sat/Sun, 7-8 August, 2010, joyceh@sph.com.sg
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I am currently still improving the website. Please continue to give me your feedback so that I can improve further and make this site into a much better one. It is with my hope that the informations that were put together can help you become more informed before executing any action in buys or sells.
More links will be added as when available to me. If you have any good links, please let me know and I will add into my links. Thanks.
Take care and Thanks for your support.
Thanks
Gabriel Chan
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