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  • Chinese distressed debt manager Zhongyuan Asset Management Co made its first foray into the offshore market on Thursday, raising $400m from a three year bond.
  • Shandong Ruyi Technology Group Co and Shandong Yuhuang Chemical Co saw their respective dollar bonds plummet in the secondary market, as concerns rose on their debt repayment abilities.
  • Yuzhou Properties Co became the latest Chinese borrower to wrap up its offshore issuance quota for the year after selling a $500m bond on Thursday.
  • Anton Oilfield Services Group returned to the the dollar market on Thursday after a two-year break. The company's story has changed since its last bond sale, and investors were ready to embrace the improved credit.
  • Chilean mobile phone operator WOM approached bond markets for the first time on Thursday seeking $450m of senior unsecured notes to refinance its existing capital structure and complete a dividend recap.
  • Two days after canceling a tender offer it had planned to finance with a private placement (PP), Brazilian engineering and construction firm Andrade Gutierrez has launched an exchange offer seeking a similar result.