Corp - All articles

  • China issuers sneak into closing bond window

    A host of Chinese issuers found one of the last windows to sell bonds on Thursday ahead of the US presidential elections at the beginning of November and a public holiday in Hong Kong early next week.

    • 23 Oct 2020
  • Meituan makes ‘stunning’ debut with $2bn bond

    Meituan, a Chinese e-commerce platform and food delivery company, sold its first dollar bond on Wednesday, netting $2bn on the back of an order book that reached $16bn at its peak.

    • 22 Oct 2020
  • Asian bond issuers set frenetic pace

    Asia’s dollar bond market has seen a big bump up in volumes this month, as issuers rush to get ahead of the US presidential elections and take advantage of still supportive markets. DCM bankers are expecting a much quieter year end — but they admit anything can happen. Morgan Davis reports.

    • 22 Oct 2020
  • ReNew Power uses tried and tested structure for $325m outing

    ReNew Power, the Indian renewable energy giant, brought a $325m green bond to the market on Tuesday. It offered investors a rare opportunity to buy a high yielding deal from the country, despite using a fairly unusual structure for its transaction.

    • 21 Oct 2020
  • Hon Hai puts together $1.4bn bond return

    Taiwanese electronics giant Hon Hai Precision Industry Co shook off trade war concerns to raise $1.4bn from the bond market on Tuesday.

    • 21 Oct 2020
  • Indika fires up $450m bond comeback

    Indonesia coal producer Indika Energy was back in the debt market on Thursday with a $450m bond.

    • 16 Oct 2020
  • Bond bonanza in Asia as corporates go for dollars

    Asia’s dollar bond market has been swamped with new deals this week. Thursday was no different, with corporate borrowers from Greater China alone raising just over $3bn between them.

    • 16 Oct 2020
  • SMC gives investors a break from China bonds

    SMC Global Power Holdings Corp was one of the few Asian issuers outside of China to turn to the dollar market this week. The Philippine borrower attracted ample investor support, allowing it to raise more money than it had first planned.

    • 15 Oct 2020
  • Greater China bond issuers rush to dollar market

    Four bond issuers from Greater China followed the Chinese ministry of finance into the dollar market on Wednesday, snapping up $1.4bn between them.

    • 15 Oct 2020
  • India's JSW pays up for bond deal

    JSW Steel sold a $500m bond on Monday, but the issuer paid some 30bp of premium to close the trade.

    • 13 Oct 2020
  • Hands on my property! China HY issuers tap dollars

    Three high yield Chinese property issuers turned to the offshore bond market on Monday, raising $950m between them.

    • 13 Oct 2020
  • Agile prices $300m bond

    Chinese property company Agile Group Holdings raised $300m from its Wednesday bond sale, but found less investor support than excepted.

    • 08 Oct 2020
  • Star Energy’s rare project bond attracts investors

    Indonesia’s Star Energy Geothermal found solid investor demand for Asia’s first dollar-denominated project bond of the year. The deal was helped by the issuer’s investment grade rating and a green label that helped reduce pricing. Morgan Davis reports.

    • 07 Oct 2020
  • Baidu connects with investors for $950m bond

    US investors shrugged off concerns over tensions between their country and China to support internet company Baidu’s $950m dual-tranche bond outing this week.

    • 07 Oct 2020
  • Asian bond issuers: time is running out

    Asian borrowers looking to tap the international dollar bond market this year have only a small window of opportunity to raise funds. They should act quickly.

    • 06 Oct 2020
  • Alam Sutera hit with double downgrade

    Indonesian property company Alam Sutera’s move to kick off an exchange offer last week to stave off pressing financial concerns was met with ratings downgrades from two of the three global ratings agencies.

    • 05 Oct 2020