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Some of last week's sovereign trades suffering on secondary
Meanwhile, LatAm sovereign announces mandate for a multi-tranche deal that could come next week
Sovereign closed 'remarkable' deal despite US Treasury pricing drama
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Debt capital markets bankers covering Mexico do not expect the resignation of finance minister Carlos Urzúa on Tuesday to affect incoming bond issues though they acknowledge that his departure could create uncertainty.
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A new name hit screens on Tuesday announcing a roadshow. Air Baltic, an airline owned by the Latvian government, will meet with investors to promote a euro deal.
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The initial guidance for the Reg S/144A deal was put out at 6.875% area on Wednesday morning in London.
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West China Cement, a Hong Kong-listed cement maker, has returned to the loan market after 11 years, seeking a $150m deal.
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Chinese real estate companies Logan Property Holdings Co and Times China Holdings managed to aggressively tighten a pair of $400m four year callable bonds this week.
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Vietnamese property developer Novaland Investment Joint Stock Co is making its loan market debut with a $250m facility.
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