GC Asia
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Sun Hung Kai jumps on strong market for tap
Sun Hung Kai Properties took advantage of a favourable market backdrop and solid aftermarket performance of its latest dollar bond to return with a tap just four days after the original transaction was priced.
06.15 AM -
Bonds news in brief: Evergrande, ZhengTong Auto, LGFVs raise funds
Four Chinese borrowers hit the dollar bond market on Thursday, competing with supply from India, Indonesia and the Philippines.
17 Jan 2020 -
Markets must face up to new deadlines for Libor transition
Banks should stop issuing loans and bonds linked to Libor by October, according to the Bank of England’s Working Group on Sterling Risk-Free Reference Rates. But the scale of the challenge facing firms, particularly in the loan market, is causing concern.
16 Jan 2020 -
Corporate sterling issuers launch blowout market reopening
High grade corporate names kicked off the 2020 sterling market in style this week, with big books and eye-catching trades for the University of Oxford, Clarion Housing and Ireland's Electricity Supply Board.
16 Jan 2020 -
Corporate green bond issuance hits record levels
The European socially responsible investment corporate bond market has made a rampant start this year, with issuance in the first two weeks already more than 10% of the total issued by companies in European currencies in 2019.
16 Jan 2020 -
Eni, Quadient keep corp bonds humming
Eni, the Italian oil and gas company, raised €1bn with a bond issue on Thursday, while Quadient, the unrated French postal systems company formerly known as Neopost, continued the run of more esoteric corporate bond issuance.
16 Jan 2020 -
Palmieri shakes up corp finance at SG
Société Générale has redoubled its commitment to equity capital markets under a new structure designed to ensure it remains a force in investment banking when consolidation comes, writes David Rothnie.
16 Jan 2020 -
PFC extends to 10.25 year with new 144A bond
Power Finance Corp sold its third dollar transaction in six months, raising $750m from a slightly longer-dated deal.
16 Jan 2020 -
Oxford taps 100 year debt at ‘incredible’ yield
The University of Oxford has reopened its sterling century bond, as bankers away from the deal called the yield available at that maturity "incredible".
15 Jan 2020 -
CyrusOne brings spread in by 35bp during execution
Crossover credit CyrusOne, a US real estate investment trust, headed to the euro bond market for a seven year trade on Wednesday. It got chunky demand and tightened its spread by 35bp during execution.
15 Jan 2020
