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High yield investors nibble at IG names, as credit investors brace for ‘trillions’ unlocked from money market funds
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Indonesian power producer Indika Energy launched a dollar bond on Thursday, turning to investors more than a month after a roadshow for the proposed transaction.
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Corporate bond investors in Europe are hoping for a fruitful November, after October proved rather barren for new deals. But with holidays in several countries this week and central bank meetings in the UK and US, November has started slowly.
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Hong Kong property developer CNQC International Holdings pulled off a S$100m ($73.4m) bond sale on Tuesday, following a booming first half of the year for the company.
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Chandra Asri Petrochemical reeled in investors on Monday with its new dollar bond. The issuer offered some value compared with its peers, but still managed to grab itself a snug price.
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CNQC International Holdings, a Hong Kong-based property developer and contractor, has opened the order book for a Singapore dollar bond. The company is approaching investors after bumper first-half profits.
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Italian oil and gas engineering group Saipam printed its second issue of high yield bonds this year on October 27, as the market kept its momentum for top speculative grade rated borrowers.