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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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US Reit Medical Properties on Wednesday sold its €500m unsecured bond drawing attention from investment and non-investment grade buyers by being the only corporate issue of the day.
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Medical Properties Trust, a US Reit, has proved that there is life in the European corporate bond market, even in the depths of August, by launching today a €500m deal, bringing to fruition a roadshow it held as long ago as May.
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Medical Properties, the US real estate investment trust, held a call with European bond investors on Tuesday, for the second time this year, as it prepares to sell euro notes.
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The Asian Development Bank (ADB) has received approval to provide a loan and partial credit guarantee to support the issuance of what could be the Philippines’ first green bond.
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Shares in Abengoa, the Spanish renewable energy developer, jumped initially today after it won a €600m contract, but bondholders have not yet felt any relief from the distressed levels at which its notes are trading.
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Nanjing Xinjiekou Department Store, a subsidiary of Nanjing Cenbest, has announced its plan to issue offshore bonds in order to acquire China Cord Blood Corporation (CCBC)’s China business.