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Despite rough market conditions and angst over rates, array of deals have been well taken
It is difficult to see issuance conditions growing much better in the foreseeable future
Trade follows a private placement the bank made after the US-Iran war started
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Shimao Group Holdings offered bond investors a rare 10 year tenor from the Chinese property industry, pricing the $300m deal inside of fair value.
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Property developer Modern Land (China) Co has returned to the green market with a $250m bond.
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Chinese issuers hoping to put the pandemic behind them should not abandon coronavirus-linked bonds.
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Tahoe Group Co was unable to repay a Rmb1.5bn ($213.4m) onshore bond on Monday, as it struggles with tight liquidity, limited market access and poor corporate governance.
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One Equity Partners made its exit from Korea’s Celltrion Healthcare on Monday evening, cashing out of a stock that has rallied by about 97% over the past year.
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Philippines issuers continued to add to the bond market this week, with BDO Unibank breaking a three-year hiatus for $600m.
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CAF gearing up to transform regional development
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Emirates NBD Capital: An unrivalled conduit for Middle East liquidity
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European Investment Bank: Supporting sustainable development in North Africa