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Disruptive US economic policy has not yet dented credit appetite
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
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Swedish speciality chemicals group Perstorp priced €1bn-equivalent of high yield bonds on Tuesday, grabbing the attention of investors with triple-C paper against an uncertain backdrop.
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Online consumer loan provider 4Finance plans to increase its euro denominated bonds as it closes its acquisition of unsecured loan specialist TBI Bank from TBIF, the Dutch financial services group.
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Studio City, Shandong Ruyi Technology Group Co, Yanlord Land (HK) and Chengdu Xingcheng Investment Group Co are wooing investors for their respective Reg S bonds. Meanwhile, Shaanxi Xixian New Area Fengxi New City Development & Construction will go on a non-deal roadshow.
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China’s Yancheng Oriental Investment & Development Group Co and South Korea’s Doosan Infracore Co ventured out to the DCM market on Tuesday for their respective dollar-denominated bonds.
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Chinese local government financing vehicle Jiangsu Hanrui Investment Holdings tapped its outstanding 2019s last Friday in the post US-election market, raising $190m on the back of reverse enquiry.
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Adani Ports and Special Economic Zone, one of India’s largest port operators, is planning a comeback to the international bond market after more than a year.