Top Section/Ad
Top Section/Ad
Most recent
AT&T’s 19 year bond found buyers this week, but rate uncertainty and a flatter euro curve have dampened investor demand for duration
August forecast to be a strong month for corporate dollar supply
Stable backdrop, steady rates and strong demand give issuers reasons to move before the post-summer rush, bankers said
◆ Telco takes size in euros and duration in sterling ◆ Elevated premiums paid at the long end ◆ Sterling tranche AT&T's first since 2018
More articles/Ad
More articles/Ad
More articles
-
Sinopec Group Overseas Development took advantage of abundant liquidity to price a three tranche tap on Monday which resulted in across the board savings for the issuer. The oil major had returned to the market to reopen three of the five tranches from its record breaking $5bn April issue. -
China Minmetals Corporation returned to the offshore renminbi market with a three year bond on Monday. Despite coming in the shadow of a record month for Chinese CNH supply, the unrated transaction was well bid and priced through the issuer’s existing curve.
-
Suez Environnement, the French water and waste management group, is aiming to issue a new hybrid capital bond to refinance its €750m hybrid from 2010, which becomes callable in September 2015.
-
Sinopec Group Overseas Development reopened three of the five tranches from its record breaking $5bn April 2 issue. The borrower is making a Reg S only tap of the three year fixed, three year floating and 10 year fixed bonds.
-
AVIC priced the third ever standby letter of credit backed dim sum bond on Friday. Competing supply last week meant that the borrower had to pay up over other Agricultural Bank of China-backed bonds.
-
Metallurgical Corporation of China (MCC) opened the books on its dollar return on Monday. The standby letter of credit (SBLC) backed issue will be the state owned company’s first transaction in the market since July 2011.
