Top Section/Ad
Top Section/Ad
Most recent
High yield investors nibble at IG names, as credit investors brace for ‘trillions’ unlocked from money market funds
Embattled utility makes final plea for court to sanction £3bn in emergency funding
Thames Water refinancing battle is an unedifying mess
Embattled utility asks judge to approve £3bn lifeline as creditor groups keep fighting
More articles/Ad
More articles/Ad
More articles
-
Korea National Oil Corp (KNOC) is selling a combination of floating and fixed rate bonds, with price thoughts for a five and a 10 year released at the same level. On the high yield side, China’s Shandong Yuhuang Chemical Co is marketing its debut three year notes. -
Indonesian company Sri Rejeki Isman (Sritex) is readying a seven non call four dollar note, announcing the deal on the back of strong growth in 2016.
-
First Quantum Minerals raised $2.2bn for refinancing purposes on Thursday, in what was said to be the biggest corporate high yield bond issue from the CEEMEA region ever - though it was the same size as a VimpelCom deal in 2011.
-
Fosun International benefitted from a stable post-Fed market in Asia on Thursday, enjoying investors’ full attention to price a larger-than-expected $800m deal. The bond is now the largest print from a Chinese high yield industrial company since May 2013, according to Dealogic.
-
China Evergrande Group opened a dual-tranche transaction on Friday, becoming the second dollar issuer from Asia ex-Japan to come to the market after the US interest rate rise this week.
-
Each of the 10 companies that have launched offerings in the European high yield bond market since Monday had different reasons to schedule their deals this week, but were rewarded with the most issuer-friendly pricing yet. It cannot get better, bankers and investors warn borrowers.
