BOND COMPLEXITY : HIGHISIN: XS1668531335
CKINF 4.850% Perpetual Corp (USD)
PHOENIX LEAD LTD
Indicative Bid Price
74.875
Bid Yield to Worst
6.477%
Bid Yield to Call
95.189%
Min. Investment (Nominal)
200000
Indicative Ask Price
75.375
Ask Yield to Worst
6.434%
Ask Yield to Call
92.808%
Next Call Date
22 Feb 2027
Credit Rating (Bond)
N.R
No Rating
Seniority
Subordinated
Investor Profile
Stable Income Seeker
Chart
Created with Highcharts 9.3.2Chart context menuBid Yield to WorstAsk Yield to WorstBid Yield to CallAsk Yield to Call8. Sep10. Sep12. Sep14. Sep16. Sep18. Sep20. Sep22. Sep24. Sep26. Sep28. Sep30. Sep2. Oct4. Oct020406080100FSM Global
Bond Information
Phoenix Lead Limited provides financial services. The Company offers its services in British Virgin Islands.
Bond Issuer
Phoenix Lead Ltd
Guarantor
CK Infrastructure Holdings Limited
Announcement Date
15 Aug 2017
Issue Date
22 Aug 2017
Maturity Date / Next Call Date
Perpetual / 22 Feb 2027
Years to Maturity / Next Call
Perpetual / 0.380
Issue/Reoffer Price
100.000
Issue/Reoffer Yield
4.850
Coupon Type
Fixed
Annual Coupon Rate (%)
4.85
Annual Coupon Frequency
Semi Annually
Seniority
Subordinated
Exchange Listed
HKEX
Reference Rate
-
ISIN
XS1668531335
CUSIP
AO8060151
Bond Currency
USD
Total Issue Size
USD 650,000,000
Minimum Investment Quantity (Nominal)
USD 200,000
Incremental with Min Investment Quantity (Nominal)
USD 1,000
Bond Registration
Wholesale
Bond Type
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)
Callable on 23 August 2022 and every 6 months thereafter @ 100. The Securities may be redeemed at the option of the Issuer in whole, but not in part, on the Distribution Payment Date falling in August 2022 or on any Distribution Payment Date thereafter (each, a “Call Settlement Date”) on the Issuer’s giving not less than 30 nor more than 60 days’ notice to the Holders (which notice shall be irrevocable and shall oblige the Issuer to redeem the Securities on the relevant Call Settlement Date at their principal amount plus Distribution accrued to such date (including any Arrears of Distribution and any Additional Distribution Amount)).
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)
05 Oct 202674.87575.37592.8086.434
04 Oct 202675.12575.62591.0186.413
01 Oct 202675.25075.75089.8386.402
30 Sep 202675.00080.00070.7796.062
29 Sep 202675.00080.00069.4366.062
28 Sep 202677.00081.00065.0445.987
27 Sep 202677.00081.00064.6425.988
24 Sep 202677.00081.00064.2455.988
23 Sep 202677.00081.00063.8535.988
22 Sep 202678.00081.00062.7115.988
Total of 67 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
pdfIcon
Preliminary Offering Circular
PHOENIX LEAD LIMITED US$[●] [●] per cent. Guaranteed Perpetual Capital Securities Guaranteed by CK INFRASTRUCTURE HOLDINGS LIMITED. Preliminary Offering Circular dated 16 August 2017.
pdfIcon
Offering Circular
Offering Circular dated 16 August 2017
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
EDIT
Est. Payable Amount
USD 153,021.89
Years to Call
4+ months
Est. Total Income
USD 4,850.00
Yield to Call
-
Indicative Cash Flow
Nominal Value
USD 200,000.00
  • 2027
    Feb
    Coupon
    USD 4,850.00
    Early Redemption
    USD 200,000.00
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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