KGI Research Singapore

Singapore's leading broker offering Futures, FX, Equities and Wealth Management.

23 July 2024: Wealth Product Ideas

Ticker and ISIN

RAKUTN 11 ¼ 02/15/27 Corp (USJ64264AG96)

Issuer

Rakuten Group, Inc.

Country

Japan

Currency

USD

Industry

Retailers (BCLASS)

Coupon rate

11.25%

Coupon frequency

Semi-annual

Maturity

15/2/2027 (MAKE WHOLE @50.000 until 02/15/27/BULLET)

Ratings

BB (S&P)

YTM

7.651%

Amount issued

1,800,000,000

A screenshot of a computer

Description automatically generated

(Source: Bloomberg)

Ticker and ISIN

CKHH 5 ⅜ 04/26/29 Corp (USG2176UAA81)

Issuer

CK Hutchison Intl 24

Country

Cayman Islands

Currency

USD

Industry

Other Industrial (BCLASS)

Coupon rate

5.375%

Coupon frequency

Semi-annual

Maturity

04/26/2029 (MAKE WHOLE @15.000 until 03/26/29/ CALL 03/26/[email protected])

Ratings

A2 (Moody’s) / A (S&P) / A- (Fitch) / A- (Composite)

YTM

4.913%

Amount issued

1,000,000,000

A screenshot of a computer

Description automatically generated

(Source: Bloomberg)

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