Ah, finally, another opportunity!
Gentings is offering Perpetual Bonds at a rate of 5.125%. After 10 years (18 Oct 2022), if not redeemed, the rate increases to 6.125% thereafter. The perpetual bond is recallable/reedemable in 2017 (5 years). Minimum subscription to its IPO is $5,000, and in increments of $1,000. Distribution is twice yearly on 18 Apr and 18 Oct.
There are many risks involved and one should check out the prospectus in detail. From my perspective, it sounds like a reasonable deal, so long as Gentings doesn't fold over the next 20 years. Would have been even better if the rates were higher! One can only wish.