Investors steer clear of Chu Kong CNH bond
Chu Kong Petroleum & Natural Gas Steel Pipe Holdings has been forced to cancel its debut dim sum bond issue two days after issuing initial guidance. Sole bookrunner DBS struggled to price the deal as weak credit fundamentals meant the company failed to attract enough investors.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts