FPL green notes 5 years 4.49% pa

[CaptainWu]

SMS came first. 10 min after getting the SMS I login to mobile app still not updated.

I think update in the portfolio will have to wait for official announcement, or may even until this is listed next Monday?

 

[vsvs24]

I think update in the portfolio will have to wait for official announcement, or may even until this is listed next Monday?

I mean application status. It is updated in app already. Just that not as fast as SMS.

 

[CaptainWu]

I mean application status. It is updated in app already. Just that not as fast as SMS.

Need to wait for SGX and FPL website to update according to the information but haven't see them yet.

 

[Moowoow]

if no sms where did you see the allocation?

App lor, wealth then ipo see status

 

[WHLN17]

Just checked dbs internet banking. Applied 50k and they returned me 9k.

 

[darwinkoh]

Just checked dbs internet banking. Applied 50k and they returned me 9k.

Same for me...

 

[battledome64]

Just checked dbs internet banking. Applied 50k and they returned me 9k.

Means those applied lower than 41k get full allocation

 

[Cobra!]

Means those applied lower than 41k get full allocation

that's a higher cutoff vs say astrea . appears like a lukewarm reception

 

[WHLN17]

that's a higher cutoff vs say astrea . appears like a lukewarm reception

I think original retail 300m taken up with a bit of upsize. We will know soon once official announcement is out.

 

[ice_angel]

The semi annual interest and the full amount after matured will be automatically send through CDP DCS right?

 

[vsvs24]

The semi annual interest and the full amount after matured will be automatically send through CDP DCS right?

Yes

 

[mr_wealth]

What is the SGX code for this retail bond?

 

[vsvs24]

What is the SGX code for this retail bond?

Should be EHZB. Trading starts 19 Sep

 

[lzydata]

Public offer allocation:

1 to 40 1:1 As per applied 56.48 14,350
41 to 50 1:1 41 17.40 1,485
51 to 100 1:1 50 16.04 1,123
101 to 500 1:1 80 9.37 410
501 to 999 1:1 150 0.47 11
1,000 and above 1:1 280 0.24 3

https://links.sgx.com/FileOpen/FPL_Announcement.ashx?App=Announcement&FileID=731754
All applicants get something, $40k and below fully allotted.

 

[CaptainWu]

It seems Frasers is not as structure as Astrea create a dedicated web page to publish information for this Green Notes and for future communications like dividend distribution...etc?

 

[Opps-gal]

So is this oversubscribed?

 

[Opps-gal]

It seems Frasers is not as structure as Astrea create a dedicated web page to publish information for this Green Notes and for future communications like dividend distribution...etc?

I don't use web page to check. Can use SGX website to check?

 

[lzydata]

So is this oversubscribed?

Yes it was.

	Initial offer	Applications	Upsized offer
Placement	120m	245m	150m
Public offer	300m	444.3m	350m

Subscription rate of 1.64 times the initial offer.

 

[lzydata]

It seems Frasers is not as structure as Astrea create a dedicated web page to publish information for this Green Notes and for future communications like dividend distribution...etc?

I don't use web page to check. Can use SGX website to check?

The Astrea bonds have their own website because their manager is not a listed company. FPL will probably put something on their Investor Relations page, like here with the old FCL 3.65% bonds. Other than this, dividends to be paid out will also be announced on SGX.

https://investor.frasersproperty.com/fcl_retail_bonds.html

 

[churnmaster]

Yes it was.

	Initial offer	Applications	Upsized offer
Placement	120m	245m	150m
Public offer	300m	444.3m	350m

Subscription rate of 1.64 times the initial offer.

Wow! This should encourage other issuers as well to issue retail bonds in future.