Fixed Coupon Note on Singapore REITs

This fixed coupon note provide decent strike price for stable Singapore REITs.

Prices of Singapore REITs have fallen recently.

If the note is being converted, customers will buy the REITs at good price with healthy dividend yield.

Underlying: Capitaland Mall Trust, Capitaland Commercial Trust, Ascendas REIT
Strike: 94.55%
Knock out: 100%
Coupon: 8.01%
Tenor: 4 months

Capitaland Commercial Trust
Expected dividend yield: 5.97%
Assets: One George Street, Capital Tower, Six Battery Road, Golden Shoe Car Park, etc

Capitaland Mall Trust
Expected dividend yield: 5.81%
Assets: Plaza Singapura, Westgate, Tampines Mall, Bugis Junction, etc

Ascendas Real Estate Investment Trust
Expected dividend yield: 7.18%
Assets: Science Park, One North, Changi Logistic Centre, Pioneer Hub, etc