Whole Section

  • Issuer and Guarantor Eligibility Criteria

    • 318

      The issuer or guarantor must meet the criteria for exemption under the Securities and Futures (Offers of Investments) (Exemption for Offers of Post-Seasoning Debentures) Regulations 2016. For avoidance of doubt, the material date to measure the "look-back" periods under the criteria for exemption will be based on, as the case may be, the instances prescribed in Rule 319.

      Added on 19 May 201619 May 2016.

    • 319

      The issuer or guarantor must comply with the criteria referred to in Rule 318 at the following times, as applicable:

      (1) at the time of application for the listing of the initial issuance of debt securities on the Exchange;
      (2) at the time of application for confirmation that the debt securities are eligible for trading by non-specified investors; and
      (3) at the time of application to list additional debt securities for offer to non-specified investors through a re-tap.

      Added on 19 May 201619 May 2016.