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◆ No bitter unrated taste as book grows throughout pricing ◆ Investors keen for household unrated names ◆ Price discovery needed
◆ Stellantis sees stronger demand for shorter leg of €1.25bn dual trancher ◆ RCI Banque prices €750m 5.2 year tightly ◆ Ford finds demand in short end sterling
◆ Big move for AkzoNobel, three months after last trade struggled ◆ Orders peak near nine times the deal size ◆ Deal comes through fair value
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GLP, a Singapore-based logistics company, joined the flurry of green bonds hitting the market on Monday, with a subordinated perpetual note.
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Four Chinese property companies rushed into the dollar bond market on Monday, following weeks of limited to no supply from the sector.
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Cathay Pacific Airways has sold its first dollar bond in more than 20 years, battling suppressed business over the last two years to raise $650m from the long-overdue deal.
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Korea Expressway Corp sold its first sustainability dollar bond on Monday, raising $500m as its scarcity value appealed to investors.
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JSW Hydro Energy, a subsidiary of Indian power company JSW Energy, sold its first international bond this week, taking $707m from the green transaction.
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Nomura has named Oliver Holt as head of debt syndicate for Asia ex-Japan, succeeding veteran banker Alister Moss, who is taking on a new position at the bank.
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