This guide explains the functions and modus operandi of commodities trading firms and their role in organising the global flows of vital materials that underpin economic growth. The sourcing for initially focused on three regional markets etc. You are going to buy a prospectus of trafigura group, 6. This summary prospectus is designed to provide investors with key fund information in a clear and concise format. Commodity trader trafigura launches panda bond programme. Subject to clause e of this condition 5, the issuer may elect, in its sole discretion, to redeem the notes, in whole but not in part, on the first call date 7 august 2025 or on any other interest payment date thereafter at their aggregate principal amount, together with any accrued and unpaid interest thereon to but excluding the first call date or such other interest payment date, as. In a firms capital structure, they are more senior than.
Important information this prospectus the prospectus has been prepared by enea aktiebolag publ registration number 5562097146 the company or the issuer, in relation to the application for listing of bonds issued under the companys sek 500,000,000 senior unsecured. A corporate bond is when a company decides to issue debt in return for capital from an investor. In a firms capital structure, they are more senior than common equity, though they are often junior to straight. This emtn base prospectus is the most recent publically available document containing this kind of information on the company. December 20, 2019 vanguard shortterm corporate bond index fund etf shares vcsh. This perpetual bond tap was in part intended to pre finance the redemption of the 20 usd500 million perpetual bond issuance, which trafigura elected to call at the first issuer call date in april 2018. Relating to the offer and listing of bonds under a ghs 10 billion bond issuance programme investor presentation october 2017 e. Content about the trafigura foundation needs an independent reference. The maturity date is the date on which the issuer agrees to pay the bondholder the original purchase price. Headquartered in singapore, trafigura is legally registered in singapore.
The maturity date is the date on which the issuer agrees to pay the bondholder the original purchase price, or principal amount, and the final interest payment. Any representation to the contrary is a criminal offense. Vanguard shortterm corporate bond etf summary prospectus the securities and exchange commission sec has not approved or disapproved these securities or passed upon the adequacy of this prospectus. We also have select bonds from middle east, europe, latin america and the us. Suppose that on 15 march 2002 the government auctions a reopening tranche of the 5year bond with a coupon rate of 7. Effective immediately, each funds summary prospectus and prospectus are amended as follows. Baseprospectus, trafigura funding sa, base prospectus. The issuer accepts responsibility for the information contained in this prospectus and declares that, having taken all reasonable care to ensure that such is the case, the information contained in this prospectus to the best of its. Trafigura looks to reduce puma holding financial times. Other, trafigura funding sa, trafigura funding sa 2018 annual report, 472019, 1. Mar 29, 2010 before investing in a bond fund, you should carefully read all of the funds available information, including its prospectus and most recent shareholder report. Investors can get a copy of the program prospectus and accompanying documents in electronic.
Some of trafiguras major international units include. A bond prospectus has lifted the lid on the financial performance of puma energy, the oil storage and petrol station business that has emerged from trafigura, one of the world biggest commodity. It split off from a group of companies managed by marc rich in 1993. We develop new outlets for condensates, using trafiguras diverse customer base that includes refineries, splitters and petrochemical facilities. Trafigura has mentioned that the nyrstar assets have upside. Chinas onshore bond market has expanded rapidly in the past decade, supporting the countrys increasing appetite for financing and fuelling economic growth. Volatility and risk volatilityas of033120 low moderate high investment category risk measures as of 033120 port avg rel bc aggr rel cat 3 yr std dev 3.
Tbbv, a dutch registered company was the main consolidating entity for the group. Trafigura has become the first international commodity trader to issue bonds in chinas mainland debt market. Prospectus for nigeria usd 1billion eurobonds issued in february, 2017. We develop new outlets for condensates, using trafigura s diverse customer base that includes refineries, splitters and petrochemical facilities. Investing in the company and the bonds including but not limited to the bonds involves material risks. The hongkong land finance cayman islands company hklsp 2. Treasury bond issue fxd 1201025 dated july 26, 2010 june 28, 2010 twenty five year fixed coupon. For additional information, investors should consult the fund prospectus and carefully consider the investment objectives, risks, charges, and expenses of the fund before investing. Oct 09, 2019 the supplementary scheme circular and the glencore prospectus are closing share prices of the two companies between glencores ipo on 19 may references in this base prospectus to the relevant dealer shall, in following glencores initial public offering in may and the.
Perpetual bonds, as its name suggests, are fixed income securities without a maturity date. Offering memorandum for corporate bond our team at can assist with your offering memorandum corporate bond offering needs. Metropolitan west total return bond fund class i shares. This prospectus comprises an approved prospectus for the purposes of article 5.
This change is the last stage in a process that commenced in 2012 when another singaporean entity, trafigura pte ltd. It is the worlds second largest private oil trader after vitol and the worlds largest private metals trader. Bond offerings are a popular method to raise debt capital and indeed the majority of bond offerings will have issuers write a bond circular or bond prospectus. Trafigura sources funding from a number of markets. Vanguardtotal bond market index fund summary prospectus. Trafigura securitisation finance plc, series 20181 deal v1.
Trafigura pte ltd is a singaporean multinational commodity trading company founded in 1993 that trades in base metals and energy, including oil. The following is added to the section of each funds summary prospectus and prospectus entitled summary of principal risks. Corporate bonds are a common method used to raise debt capital. Thus, the yield to maturity y is essentially the bonds internal rate of return irr. Vanguardtotal bond market index fund institutional plus shares vbmpx the funds statutory prospectus and statement of additional information dated april 28, 2020, as may be amended or supplemented, are incorporated into and made part of this summary prospectus by reference. We source, store and blend all the most actively demanded products and grades, supporting trade flows to the far east, north and latin america, africa and europe. Synth to support the group has since diversified and expanded globally. In addition, a free hardcopy is available by calling 1 877 35463111 877 dline11. South africa prospectus writing a prospectus to raise capital is virtually a prerequisite. April 10reuters following are terms and conditions.
This was the year in which our company celebrated its. The following month trafigura listed its first perpetual subordinated bond on the singapore exchange. Release of a base prospectus annual update of the euro medium term notes program 109. The statutory prospectus and summary prospectus if available contain this and other important information about the investment company and may be obtained by clicking here. Statement from the executive chairman and chief executive officer a resilient and disciplined business i am pleased to present the 2018 annual report from the trafigura group. Trafigura raises rmb 540m through the latest tranche of its panda bond programme read online.
Bond price search hong kong bonds, usd bonds, sgd bonds. Our bond coverage is focused on asian g3 currency bonds. Twsgx institutional short duration government bond fund. Trafigura beheer bv is a dutch multinational commodity trading company founded in 1993 trading in base metals and energy, including oil. In april 2018, trafigura became the first international trading company. Jun 28, 2019 the supplementary scheme circular and the glencore prospectus are closing share prices of the two companies between glencores ipo on 19 may references in this base prospectus to the relevant dealer shall, in following glencores initial public offering in may and the.
Trafigura project gutenberg selfpublishing ebooks read. The bond circular will outline the terms of the debt. As at 30 june 2018, the china onshore bond market was the third largest globally, with usd 11. Bond circular prospectus team has written, edited or assisted with hundreds of prospectuses for bond circular offerings. Get access to transparent twoway bond prices, bond price yield graph, bond reference data, bond focused news and more. World heritage encyclopedia, the aggregation of the largest online encyclopedias available, and the most. The transwestern institutional short duration government bond fund is offered through northern lights fund trust and administered by gemini fund services. Microsoft markets and distributes its software products domestically and internationally through both the oem and retail channels. Sgd corporate perpetual bonds friday, september 08, 2017 summary introduction to perpetual bonds. Trafigura funding issued new debt notes xs1793296465 for 400m usd as of march 12, 2018. Puma energy has taken many proactive steps to respond to the global impact of the covid19 virus emergency for our employees, customers and other partners. Could the following be considered in place of whats currently in this section. You can find the funds prospectus including amendments and supplements and other information about the fund, including the.
Trafigura funding sa is a luxembourg subsidiary of trafigura group. Jan 08, 2019 the intraday issuance demonstrated the groups willingness to move quickly to take advantage of market conditions. This base prospectus has been approved by the central bank of ireland. Islamic financing transaction means a sukuk or islamic bond or similar. Trafigura securitisation finance plc credit rating moodys. No strong investor or venture capital group will take a company seriously without a wellwritten professional offering prospectus document. The group redeemed its sgd200 million perpetual bond at its first call date in february. This base prospectus has been approved by the central bank of ireland the. A prospectus is used in an equity offering to sell shares, stock or units, which is essentially an ownership stake in the company. Better performing roads with a highquality product at competitive prices, we deliver bitumen. Certain of our direct shareholders, sonangol, cochan and trafigura, and certain of their beneficial shareholders, as well as local partners have in the past or are currently, and may in the future, be the subject of criticism or. Please read the prospectuses carefully before investing. Prospectus for nigeria usd 1billion eurobonds issued in.
Credit risk is the risk that the issuers of the bonds owned by a fund may default fail to pay the debt that they owe on the bonds that they have issued. The prospectus provides details about the bonds maturity date, which determines the length of time you must hold the bond before repayment of the principal. Prospectus of the bond trafigura group xs1582433428 in usd 6. Get access to transparent twoway bond prices, bond price yield graph, bond reference data, bondfocused news and more. Indicative bond and international bond quotes by cbonds are calculated based on the methodology. Vanguard shortterm corporate bond etf summary prospectus.
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