SMC bags $600m perp with thin premium

Morgan Davis

June 03, 2021 09:15 am

Electricity power grid green network from Adobe 6May20 575x375 — High power electricity poles in urban area connected to smart grid. Energy supply, distribution of energy, transmitting energy, energy transmission, high voltage supply concept photo. | Urban Stebljaj/urbans78 - stock.adobe.com

Philippine company SMC Global Power Holdings Corp returned to the dollar bond market for the first time this year on Wednesday, meeting strong-enough demand to boost the size of its deal and offer just a small premium.

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Topics

Credit Suisse UBS Corporate Bonds Philippines High yield Asia Standard Chartered Mizuho Southeast Asia Asean Loans and High Yield LevFin High Yield Bonds Asia Pacific LevFin Emerging Markets DBS

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Morgan Davis

Deputy editor GlobalCapital Asia