Bond market data and technology, BondEvalue

BondEvalue

Bond market data and technology

BondEvalue is a Singapore-based Fintech that specializes in bond market data and technology. The company's information services business offers bond market data on hard-currency corporate & sovereign bonds across Asia, Middle East, Europe and the Americas. The data, which includes bond prices, yields, news and analytics, is offered to end investors via interactive Mobile and Web Apps. Investors can sign up for a free trial of the service either via the company's website (https://bondevalue.com) or by downloading the BondEvalue Mobile App (http://onelink.to/wej7jq). BondEvalue is also developing an electronic bond exchange, BondbloX in Singapore that allows investors to trade bonds electronically in smaller sizes (US$1,000 or equivalent). For more information, visit https://www.bondblox.com/

Bond Market Data and Technology

Credit

CapitaLand Integrated Commercial Trust’s (CICT) announced that the trust will divest its stake in One George Street to SG OGS , a private company, at a valuation of S$1.28bn.CICT will receive ~S$640.7mn, or 50% of the consideration for the sale. SG OGS has paid 10% of the consideration, or S$128.1mn as deposit upon signing the sale and purchase agreement with the balance to be paid when the sale is completed. Post-divestment, CICT will receive ~S$344.8mn in net proceeds, which its manager said will give it greater flexibility to repay debt, finance any capex and asset enhancement works, investments or finance general corporate and working capital requirements. Business Times notes that th e sale is not expected to have any material effect on the NAV (Term of the Day, explained below) per unit or distribution per unit of CICT for its financial year ended Dec 31, 2021.

CapitaLand Divests Stake in One George Street

Asia High Yield Bond Index

CapitaLand Divests Stake in One George Street