Debt Securities Instruments
We will provide our advice and expertise for the entire bond issuance process, beginning with the pre-internal reorganisation, bond structure, scheme, bond pricing, mechanism, and other offering areas. During this complex and challenging process, we will provide our clients with optimal solutions and guide our clients on every step until the bonds of our clients are successfully listed on CSX.
Plain bonds, secured bonds, and guaranteed bonds are the types of debt securities that the regulator has approved. Other bond types must get the regulator's prior approval and adhere to additional restrictions in a separate regulation.
- Plain (Vanilla) Bond refers to a bond with a fixed coupon rate and will mature on a date fixed at the time of issue. Such bonds do not have enhancement and/or additional call or put options and are not secured or guaranteed;
- Secured Bond refers to bonds that are secured with assets except asset-backed securities which are stipulated in other related regulations, and
- Guaranteed bond refers to a bond that guarantees interest and principal payment by a third party in case the issuer defaults for reasons such as insolvency or bankruptcy.
