Singapore attracting Aussie issuers

There must be something special happening in Singapore this week because Lend Lease has announced it will be meeting investors there this week to provide an update to bond holders. These sorts of meetings are typically held to sound out investors’ willingness to stump up funds for the company and what terms the investors may find acceptable under current market conditions. Normally these sorts of roadshows are run of the mill but Lend Lease’s one will come hot on the heels of AusNet’s hybrid issue of just a few days ago, which coincidentally was also in Singapore.