18 February 2025: Investment Product Ideas
|
Ticker and ISIN |
STOAU 5 ¼ 03/13/29 Corp. (XS1912654594) |
|
Issuer |
Santos Finance Ltd |
|
Country |
Australia |
|
Currency |
USD |
|
Industry |
Independent (BCLASS) |
|
Coupon rate |
5.512% |
|
Coupon frequency |
Semi-annual |
|
Maturity |
03/13/2029 (MAKE WHOLE @40.000 until 12/13/28/ CALL 12/13/[email protected]) |
|
Ratings |
BBB- (S&P) |
|
YTM |
% |
|
Amount issued |
600,000,000 |
(Source: Bloomberg)
|
Ticker and ISIN |
ET 6 ⅝ PERP Corp. (US29273VAJ98) |
|
Issuer |
Energy Transfer Lp |
|
Country |
United States |
|
Currency |
USD |
|
Industry |
Midstream (BCLASS) |
|
Coupon rate |
6.625% |
|
Coupon frequency |
Semi-annual |
|
Maturity |
PERPETUAL (PERPETUAL CALL 02/15/[email protected]) |
|
Ratings |
Ba1 (Moody’s) / BB+ (S&P) / BB+ (Fitch) / BB+ (Composite) |
|
YTM |
8.575% |
|
Amount issued |
550,000,000 |
(Source: Bloomberg)
