In December last year, the bank in its filing to the MSM announced that it had received the approval from the Capital Market Authority (CMA) for the allotment of perpetual bonds
worth RO54mn in single or multiple tranches.
are attractive for companies as there is no requirement ever to redeem the bonds
Second, in case of bankruptcy, depositors' claims are considered prior to that of perpetual bond
In addition the rating of GOL's 8.75% perpetual bond
issue was upgraded from BB to BB+.
SMC GLOBAL Power, a power generation firm under conglomerate San Miguel Corp., has raised $300 million from its latest foray into the offshore perpetual bond
Muscat: BankDhofar has set initial price thoughts (IPT) for a $300 million no-grow, non-call five-year perpetual bond
issue in the seven per cent area, according to lead managers.
17 November 2009 - Norwegian SpareBank 1 SR-Bank (OSL: ROGG) said Tuesday it was ready for the launch of a tier 1 perpetual bond
, which was first announced on 25 September 2009.
The additional tier 1 perpetual bond
issue of the bank was successfully managed by Gulf Baader Capital Markets, who acted as the financial advisor, lead issue manager and placement agent.
The perpetual bond
is callable after 7.5 years and was priced last week at a yield of 5.25 percent.
Muscat: Oman's Bank Dhofar, the Sultanate's second-largest lender by assets, has picked three banks to arrange fixed income meetings starting on Thursday for a potential capital-boosting perpetual bond
issue, a document from lead arrangers showed.
Although the perpetual bond
is a new financial product in the Thai debt capital market, the transaction attracted robust participation from investors which reflects investors confidence in both IVL s business and its financial stability.
M2 EQUITYBITES-May 2, 2012--Goldman, HSBC to handle Hutchison Whampoa's USD perpetual bond
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