Citi
-
Forterra signs $512.7m loan — CNNC Niger entity seeks extension — Chinachem clubs seven for HK$5.225bn — CNOOC refiner seals $300m -
Mubadala GE Capital has released initial price guidance for its $500m no grow five year bond of 150bp-162.5bp over mid-swaps.
-
Israel Electric has released initial price thoughts at 275bp area over mid-swaps for a 10 year dollar benchmark. The guidance equates to around a 15bp premium over the company’s 2023s, which were trading around 260bp-261bp over mid-swaps.
-
-
Turkish port operator Global Liman İşletmeleri (Global Ports) on Thursday reduced its debut bond issue by $25m to $250m and priced it at with an 8.125% coupon at a reoffer price of 99.345.
-
-
The Indian high yield bond market is finally getting its act together following a stop-start year with JSW Steel going live with a five year dollar bond on November 5.
-
Mexican IT service provider Six Sigma Networks (Kio) sold a $500m seven year deal on Tuesday well inside price talk to show that the market is wide open for LatAm high yield despite rating agency warnings this week that the region’s sub-investment grade borrowers will be more affected than most by changing external conditions.
-
Industrial and Commercial Bank of China New York is out in the market with a triple tranche senior dollar, as fellow Chinese big banks China Construction Bank and Bank of China market tier two bonds.
-
European companies from beleaguered industries, new to the market or under investor pressure had better think twice before they enter a high yield market willing to teach them a lesson before the year ends.
-
Ireland's longest dated benchmark in five years is more than twice subscribed, allowing leads to set pricing at the tight end of guidance.
-
Council of Europe Development Bank (CEB) has hired lead managers to run the first five year dollar syndication since a pair of deals failed to cross the line three weeks ago amid strong volatility in US Treasuries. Sweden and Caisse des Dépôts et Consignations brought deals with more conservative maturities.
