BE ODD POST-TRANSACTION PAYMENT ENABLEDBOND COMPLEXITY : HIGHISIN: SGXF57756193
SINTEC 4.200% Perpetual Corp (SGD)
SINGAPORE TECHNOLOGIES TELEMEDIA PTE LTD
Firm Bid Price
102.100
Bid Yield to Worst
3.361%
Bid Yield to Call
3.361%
Min. Investment (Nominal)
5,000
Bid Volume
20,000
Firm Ask Price
103.100
Ask Yield to Worst
2.970%
Ask Yield to Call
2.970%
Next Call Date
02 May 2029
Ask Volume
20,000
Credit Rating (Bond)
N.R
No Rating
Seniority
Subordinated
Investor Profile
High Yield Seeker
Chart
Created with Highcharts 9.3.2Chart context menuBid Yield to WorstAsk Yield to WorstBid Yield to CallAsk Yield to Call10. Aug12. Aug14. Aug16. Aug18. Aug20. Aug22. Aug24. Aug26. Aug28. Aug30. Aug1. Sep3. Sep5. Sep7. Sep2.833.23.43.6FSM Global
Bond Information
Singapore Technologies Telemedia Pte Ltd operates as an investment company. The Company invests in communications and media, data centers, and infrastructure technology businesses. Singapore Technologies Telemedia operates worldwide.
Bond Issuer
Singapore Technologies Telemedia Pte Ltd
Guarantor
-
Announcement Date
26 Oct 2021
Issue Date
02 Nov 2021
Maturity Date / Next Call Date
Perpetual / 02 May 2029
Years to Maturity / Next Call
Perpetual / 2.646
Issue/Reoffer Price
100.000
Issue/Reoffer Yield
4.200
Coupon Type
Variable
Annual Coupon Rate (%)
4.2
Annual Coupon Frequency
Semi Annually
Seniority
Subordinated
Exchange Listed
SGX
Reference Rate
Reset Date: 03 May 2029 & every 7 years thereafter
Reset Rate: Prevailing SGD 7Y SORA-OIS plus Initial Spread (2.748%) plus applicable Step up (100 bps)
ISIN
SGXF57756193
CUSIP
BS1718870
Bond Currency
SGD
Total Issue Size
SGD 500,000,000
Minimum Investment Quantity (Nominal)
SGD 250,000
Incremental Quantity (Nominal)
SGD 250,000
Bond Registration
Wholesale
Bond Type
High Yield Corporate
Bond Sector
Financials
Bond Sub Sector
Diversified Financial Services
Issuer Credit Rating (S&P/ Fitch)
***/N.R
Bond Credit Rating (S&P/ Fitch)
***/N.R
Shariah Compliant
No
W-8BEN Declaration needed 
No
Bond Feature(s)
Cumulative Deferral

If Cumulative Deferral is set out hereon, any distribution deferred pursuant to this Condition 4(IV) shall constitute “Arrears of Distribution”. The Issuer may, at its sole discretion, elect to (in the circumstances set out in Condition 4(IV)(a)) further defer any Arrears of Distribution by complying with the foregoing notice requirement applicable to any deferral of an accrued distribution. The Issuer is not subject to any limit as to the number of times distributions and Arrears of Distribution can or shall be deferred pursuant to this Condition 4(IV) except that this Condition 4(IV)(c) shall be complied with until all outstanding Arrears of Distribution have been paid in full.

Dividend Stopper

If Dividend Stopper is set out hereon and on any Distribution Payment Date, payments of all distribution scheduled to be made on such date are not made in full by reason of this Condition 4(IV), the Issuer shall not:

(i) declare or pay any dividends, distributions or make any other payment on, and will procure that no dividend, distribution or other payment is made on:

(1) any of the Issuer’s Junior Obligations; or
(2) if this Perpetual Security is a Senior Perpetual Security, (except on a pro rata basis) the Issuer’s Senior Parity Obligations; or
(3) if this Perpetual Security is a Subordinated Perpetual Security, (except on a pro rata basis) any of the Issuer’s Parity Obligations; or

(ii) redeem, reduce, cancel, buy-back or acquire for any consideration, and will procure that no redemption, reduction, cancellation, buy-back or acquisition for any consideration is made in respect of, any of:
(1) the Issuer’s Junior Obligations; or
(2) if this Perpetual Security is a Senior Perpetual Security, (except on a pro rata basis) the Issuer’s Senior Parity Obligations; or
(3) if this Perpetual Security is a Subordinated Perpetual Security, (except on a pro rata basis) any of the Issuer’s Parity Obligations,

in each case, other than in connection with any employee benefit plan or similar arrangements with or for the benefit of employees, officers, directors or consultants of the Group unless and until (A) (if Cumulative Deferral is specified as being applicable in the applicable Pricing Supplement) the Issuer has satisfied in full all outstanding Arrears of Distribution, (B) (if Non-Cumulative Deferral is specified as being applicable in the applicable Pricing Supplement) a redemption of all the outstanding Perpetual Securities has occurred, the next scheduled distribution has been paid in full or an Optional Distribution equal to the amount of a distribution payable with respect to the most recent Distribution Payment Date that was unpaid in full or in part, has been paid in full or (C) the Issuer is permitted to do so by an Extraordinary Resolution (as defined in the Trust Deed) of the Perpetual Securityholders and/or as otherwise specified in the applicable Pricing Supplement.

Dividend Pusher

Yes, with 12 month look back period
If so provided hereon, the Issuer may, on giving irrevocable notice to the Perpetual Securityholders falling within the Issuer’s Redemption Option Period shown on the face hereof, redeem all or, if so provided, some of the Perpetual Securities at their Redemption Amount or integral multiples thereof and on the date or dates so provided. Any such redemption of Perpetual Securities shall be at their Redemption Amount, together with distribution accrued (including any Arrears of Distribution and any Additional Distribution Amount) to (but excluding) the date fixed for redemption.

Callable on May 2029 & at any distribution payment date thereafter at par.
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 (WORST)
08 Sep 2026102.250103.4252.8442.844
07 Sep 2026101.800102.6003.1663.166
06 Sep 2026101.800102.6003.1673.167
03 Sep 2026101.800102.6003.1683.168
02 Sep 2026101.800102.6003.1693.169
01 Sep 2026101.800102.6003.1723.172
31 Aug 2026101.800102.6003.1733.173
30 Aug 2026101.850102.5253.2033.203
27 Aug 2026101.638102.3133.2863.286
26 Aug 2026101.638102.3133.2873.287
Total of 67 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

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

Related Documents
pdfIcon
Pricing Supplement
The date of this Pricing Supplement is 1 November 2021.
pdfIcon
Offering Circular
S$2,000,000,000 Multicurrency Debt Issuance Programme. Information Memorandum Dated 30 August 2021.
pdfIcon
Preliminary Pricing Supplement
Preliminary Pricing Supplement Dated 27 October 2021.
Related Bonds
BOND NAME

ISSUER

MATURITY DATE / NEXT CALL DATE
ASK PRICE
ASK YTM / YTW
BOND CREDIT RATING (S&P/FITCH)
action
SINTEC 5.500% Perpetual Corp (SGD)

Singapore Technologies Telemedia Pte Ltd

 10 Jul 2030
(Next Call Date)		 109.425 2.882% p.a. ***/N.R
TRANSACT
SINTEC 4.100% Perpetual Corp (SGD)

Singapore Technologies Telemedia Pte Ltd

 01 Jul 2027
(Next Call Date)		 101.279 2.483% p.a. ***/N.R
TRANSACT
Total of 2 entries
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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
EDIT
Est. Payable Amount
SGD 5,251.18
Years to Call
2 years 7+ months
Est. Total Income
SGD 630.00
Yield to Call
-
Indicative Cash Flow
Nominal Value
SGD 5,000.00
  • 2029
    May
    Coupon
    SGD 105.00
    Early Redemption
    SGD 5,000.00
  • 2028
    Nov
    Coupon
    SGD 105.00
  • May
    Coupon
    SGD 105.00
  • 2027
    Nov
    Coupon
    SGD 105.00
  • May
    Coupon
    SGD 105.00
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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