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The bank tightened a little more than a UAE peer did on Tuesday
The euro tranche is a refi of a bond maturing later in September
Proceeds expected to go towards growth, including expanding what the company says is Africa’s biggest refinery
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Trafigura, the Singaporean commodity trading company, issued its third Panda bond this year on September 28. As for its previous outings, the third tranche was placed in the interbank market as a three year private placement. Meanwhile, The Wharf Holdings and China Gas Holding also made their return to the market in the same month.
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Hyundai Oilbank, a subsidiary of South Korean shipbuilding firm Hyundai Heavy Industries, is expected to delay its IPO until 2019, according to a banker working on the deal.
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Studio City International Holdings launched its $359.4m New York Stock Exchange listing on Wednesday, in a deal heavily anchored by its controlling shareholders.
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Better policy measures are needed as the mainland bond market connects with the rest of the world, Hong Kong Exchanges and Clearing (HKEX) said in an October 4 research paper.
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Robust investor demand and reverse enquiry propelled Maoye International Holdings to make a rapid comeback to the bond market with a tap of its September issuance.
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Pan-emerging markets cable and mobile group Millicom International Cellular could return to bond markets this week as it looks to pre-fund the acquisition of a Panamanian company.
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