Thursday, May 24, 2012

Market Daily -- 24th May 12

3. Formula One's Over US$2.5B Singapore IPO To Be Sold Via Staple Securities Made Of Shares, Loan Notes - Sources
Formula One Singapore IPO Staple Structure Aimed At Keeping Tax Liability Low - Source 
Formula One Singapore IPO Loan Notes Likely To Carry Coupon Of 10% Per Annum - Sources
Formula One Offering Via Staple Securities Will Make No Difference In Voting Rights Of Shareholders - Source 

2. Singapore's UOB: Establishes HK$30Bln Certificate-Of-Deposit Program

1. Dow Jones industrial average .DJI dipped 6.66 points, or 0.05 percent, to 12,496.15. The S&P 500 Index .SPX edged up 2.23 points, or 0.17 percent, to 1,318.86. The Nasdaq Composite .IXIC gained 11.04 points, or 0.39 percent, to 2,850.12

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