GC
B-rated Jingrui pushes the boundaries for high yield hunters
Jingrui Holdings has announced guidance on its debut dollar bond at 13.625%, the highest coupon on any dollar bond in Asia this year.
With pricing expected later this week, bookrunners Haitong International, HSBC and UBS have indicated that the borrower is looking for a benchmark size deal.
Moody’s has given the debut notes a proposed rating of B3 and Fitch has given B. The proceeds will be used to fund ...Already a subscriber? Login
