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Proceeds earmarked to refinance upcoming maturity
◆ Strong demand for first sterling bond under Andy Burnham's government ◆ Deal navigates market vol ◆ Concession small, but investors attracted to spread
◆ French real estate group prints seven year bond ◆ Covivio skips guidance and tightens spread sharply ◆ Investor selectivity returns as orders fall
Bifurcation is emerging in how investors treat the hyperscalers
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Oil India is readying investors for a new dollar offering, three years after its $1bn blowout debut and just months after its joint acquisition of oil fields in Russia.
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Beijing Enterprises Holdings Limited is eyeing a new euro issuance, two years after its debut in the currency.
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CK Hutchison Holdings, through CK Hutchison International (17), raised $1.8bn across two tranches on Thursday while competing with seven other issuers in the busy Asia debt market.
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Issuers from Greater China are dominating the dollar debt market, as they vie for investor attention on Thursday alongside a couple of south and southeast Asian names.
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Korea Expressway Corp and JSW Steel have mandated banks for new international dollar deals as the first quarter draws to a close.