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Pacific International Lines (PIL) is meeting fixed income investors in Singapore for what could be the borrower’s debut bond.
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Pacific International Lines (PIL) is meeting fixed income investors in Singapore for what could be the borrower’s debut bond.
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SriLankan Airlines opened books for its first ever bond in international markets on Monday. The dollar denominated issue is also the first deal from a Sri Lankan corporate in nearly a decade.
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Aluminum manufacturer China Hongqiao successfully closed a dollar transaction on Thursday after having previously made two failed attempts to debut in the market. However this around, Hongqiao was well received by investors and the issue was 15 times subscribed.
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Two southeast Asian issuers are meeting investors for dollar bonds which, if successful, will offer investors much wanted diversification opportunities.
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Aluminium manufacturer China Hongqiao, opened books for its international debut on Thursday, with a three year dollar bond that is considered groundbreaking because of the rarity of the sector.